Food Folk Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 24214087
Falkoner Alle 20, 2000 Frederiksberg
tel: 33266002

Company information

Official name
Food Folk Danmark ApS
Personnel
200 persons
Established
1982
Company form
Private limited company
Industry

About Food Folk Danmark ApS

Food Folk Danmark ApS (CVR number: 24214087K) is a company from FREDERIKSBERG. The company reported a net sales of 711.5 mDKK in 2024, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 38.5 % (EBIT: 273.6 mDKK), while net earnings were 162.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 56.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Food Folk Danmark ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales482.42564.95628.03690.72711.53
Gross profit289.4121.3240.1138.4511.88
EBIT186.99227.01261.66286.90273.63
Net earnings114.35160.55171.00164.12162.72
Shareholders equity total570.89481.45578.08242.20334.92
Balance sheet total (assets)1 946.791 897.541 977.102 113.452 388.44
Net debt1 113.341 139.861 114.471 567.691 729.15
Profitability
EBIT-%38.8 %40.2 %41.7 %41.5 %38.5 %
ROA9.8 %12.7 %13.5 %14.2 %12.3 %
ROE22.3 %30.5 %32.3 %40.0 %56.4 %
ROI11.4 %14.8 %15.8 %16.5 %14.2 %
Economic value added (EVA)68.70108.22127.20167.88130.59
Solvency
Equity ratio29.3 %25.4 %29.2 %11.5 %14.0 %
Gearing195.0 %236.8 %192.8 %647.3 %516.4 %
Relative net indebtedness %285.2 %250.7 %222.8 %270.9 %288.6 %
Liquidity
Quick ratio1.70.90.80.70.9
Current ratio1.70.90.80.70.9
Cash and cash equivalents0.30
Capital use efficiency
Trade debtors turnover (days)69.3
Net working capital %22.4 %-1.9 %-4.8 %-10.8 %-4.4 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.0%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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