Dairy of 1888 ApS — Credit Rating and Financial Key Figures

CVR number: 38529145
Lysholt Allé 3, 7100 Vejle
info@dairy1888.dk
tel: 71311888
dairy1888.com

Credit rating

Company information

Official name
Dairy of 1888 ApS
Personnel
3 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About Dairy of 1888 ApS

Dairy of 1888 ApS (CVR number: 38529145) is a company from VEJLE. The company recorded a gross profit of 5778.8 kDKK in 2023. The operating profit was 1416.2 kDKK, while net earnings were -3684.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.5 %, which can be considered poor and Return on Equity (ROE) was -58.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -16.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Dairy of 1888 ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 733.842 105.212 932.816 811.235 778.79
EBIT-1 935.82203.74741.023 472.541 416.18
Net earnings- 216.73- 943.35- 523.02752.40-3 684.18
Shareholders equity total3 729.452 786.102 263.083 015.48- 668.70
Balance sheet total (assets)5 014.215 603.0910 011.2514 537.799 524.79
Net debt- 429.09-1 214.86-3 502.85-3 998.13- 118.68
Profitability
EBIT-%
ROA-41.1 %-15.8 %-3.7 %13.6 %-25.5 %
ROE-11.4 %-29.0 %-20.7 %28.5 %-58.8 %
ROI-75.6 %-25.3 %-10.3 %58.4 %-208.9 %
Economic value added (EVA)-1 122.8954.60580.822 855.161 392.07
Solvency
Equity ratio93.7 %56.7 %52.5 %44.5 %-16.2 %
Gearing3.1 %19.7 %
Relative net indebtedness %
Liquidity
Quick ratio14.01.53.51.71.2
Current ratio3.11.41.10.80.9
Cash and cash equivalents429.091 301.113 948.273 998.13118.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBAB

Variable visualization

ROA:-25.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-16.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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