Key2Food ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Key2Food ApS
Key2Food ApS (CVR number: 36563893) is a company from KØBENHAVN. The company recorded a gross profit of 81.1 kDKK in 2024. The operating profit was -43.5 kDKK, while net earnings were -32 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Key2Food ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 145.42 | 970.01 | 839.64 | -7.89 | 81.06 |
EBIT | 226.18 | 102.16 | 81.87 | -49.99 | -43.51 |
Net earnings | 163.78 | 69.94 | 54.87 | 25.68 | -32.03 |
Shareholders equity total | 1 230.19 | 1 069.94 | 1 054.87 | 1 080.56 | 1 048.53 |
Balance sheet total (assets) | 2 135.35 | 2 250.42 | 1 565.25 | 1 241.13 | 2 536.71 |
Net debt | -1 528.11 | -1 497.02 | - 965.11 | - 776.55 | -1 314.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.8 % | 4.7 % | 4.3 % | -3.3 % | -1.7 % |
ROE | 14.3 % | 6.1 % | 5.2 % | 2.4 % | -3.0 % |
ROI | 19.7 % | 8.8 % | 7.7 % | -4.3 % | -3.1 % |
Economic value added (EVA) | 121.40 | 17.51 | 8.72 | -90.66 | -90.10 |
Solvency | |||||
Equity ratio | 77.3 % | 47.5 % | 70.8 % | 87.1 % | 41.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.2 | 1.7 | 3.3 | 7.7 | 1.7 |
Current ratio | 2.1 | 1.7 | 2.8 | 7.7 | 1.7 |
Cash and cash equivalents | 1 528.11 | 1 497.02 | 965.11 | 776.55 | 1 314.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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