Copenhagen Foods ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Copenhagen Foods ApS
Copenhagen Foods ApS (CVR number: 39513528) is a company from BRØNDBY. The company recorded a gross profit of 1762.6 kDKK in 2023. The operating profit was 17.9 kDKK, while net earnings were -63.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -13.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Copenhagen Foods ApS's liquidity measured by quick ratio was 0.5 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 | 218.96 | 1 578.82 | 1 655.22 | 1 519.19 | 1 762.57 |
EBIT | - 274.63 | 60.36 | 179.34 | - 303.69 | 17.93 |
Net earnings | - 274.42 | 59.61 | 160.93 | - 289.43 | -63.76 |
Shareholders equity total | - 224.42 | - 166.06 | -5.13 | - 294.56 | - 358.32 |
Balance sheet total (assets) | 270.62 | 2 071.96 | 1 868.53 | 2 833.22 | 2 351.81 |
Net debt | 240.19 | 274.53 | 366.65 | 507.76 | 323.74 |
Profitability | |||||
EBIT-% | |||||
ROA | -100.6 % | 5.0 % | 9.9 % | -10.8 % | 1.5 % |
ROE | -171.2 % | 5.1 % | 8.2 % | -12.3 % | -2.5 % |
ROI | -182.9 % | 19.2 % | 44.3 % | -53.8 % | 7.7 % |
Economic value added (EVA) | - 274.63 | 72.13 | 187.41 | - 249.99 | 34.56 |
Solvency | |||||
Equity ratio | -45.3 % | -7.4 % | -0.3 % | -9.4 % | -13.2 % |
Gearing | -111.4 % | -276.3 % | -9046.4 % | -183.2 % | -161.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.4 | 0.4 | 0.4 | 0.5 |
Current ratio | 1.0 | 1.0 | 1.1 | 1.0 | 1.1 |
Cash and cash equivalents | 9.80 | 184.28 | 97.16 | 32.02 | 254.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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