FeedNic A/S — Credit Rating and Financial Key Figures

CVR number: 39062941
Jernbanegade 29, 8900 Randers C

Company information

Official name
FeedNic A/S
Established
2017
Company form
Limited company
Industry

About FeedNic A/S

FeedNic A/S (CVR number: 39062941) is a company from RANDERS. The company recorded a gross profit of -19.7 kDKK in 2023. The operating profit was -19.7 kDKK, while net earnings were -672.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FeedNic A/S's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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-15.00-16.00-16.20-17.00-19.70
EBIT-15.00-16.00-16.20-17.00-19.70
Net earnings- 282.03- 932.1628.51-12.00- 672.39
Shareholders equity total198.75- 733.42- 704.91- 717.00-1 389.31
Balance sheet total (assets)11 061.4410 111.7110 579.4410 989.0010 437.73
Net debt- 320.11- 155.20- 150.31- 143.00- 122.83
Profitability
EBIT-%
ROA2.7 %3.3 %7.7 %5.8 %2.8 %
ROE-83.0 %-18.1 %0.3 %-0.1 %-6.3 %
ROI-0.8 %0.9 %5.7 %10.0 %
Economic value added (EVA)93.6995.00126.12113.92105.07
Solvency
Equity ratio1.8 %-6.8 %-6.2 %-6.1 %-11.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.33.12.82.72.5
Current ratio3.33.12.82.72.5
Cash and cash equivalents320.11155.20150.31143.00122.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:2.78%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.7%
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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