Satang Food ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Satang Food ApS
Satang Food ApS (CVR number: 38506676) is a company from FREDERIKSBERG. The company recorded a gross profit of 823 kDKK in 2023. The operating profit was -110.8 kDKK, while net earnings were -15 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -7.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Satang Food ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 149.14 | 594.21 | 625.23 | 585.00 | 823.03 |
EBIT | - 150.05 | 294.10 | 238.02 | - 153.60 | - 110.77 |
Net earnings | - 121.56 | 231.38 | 182.45 | - 172.76 | -14.96 |
Shareholders equity total | - 361.53 | - 146.04 | 36.41 | - 291.56 | -98.94 |
Balance sheet total (assets) | 292.12 | 301.13 | 249.83 | 95.18 | 310.06 |
Net debt | 515.06 | 184.04 | -19.43 | 28.78 | -14.47 |
Profitability | |||||
EBIT-% | |||||
ROA | -25.9 % | 53.4 % | 68.3 % | -48.3 % | -3.0 % |
ROE | -43.7 % | 78.0 % | 108.1 % | -262.6 % | -7.4 % |
ROI | -29.4 % | 68.7 % | 96.0 % | -135.1 % | -17.3 % |
Economic value added (EVA) | - 104.43 | 252.07 | 198.81 | - 161.93 | -95.28 |
Solvency | |||||
Equity ratio | -55.3 % | -32.7 % | 14.6 % | -75.4 % | -24.2 % |
Gearing | -150.0 % | -215.0 % | 400.0 % | -15.6 % | -91.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.4 | 0.8 | 0.0 | 0.6 |
Current ratio | 0.3 | 0.5 | 0.9 | 0.1 | 0.6 |
Cash and cash equivalents | 27.26 | 129.93 | 165.09 | 16.59 | 104.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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