DEN VARME GRYDE ApS

CVR number: 35045147
Bredegade 31, 4200 Slagelse

Credit rating

Company information

Official name
DEN VARME GRYDE ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About DEN VARME GRYDE ApS

DEN VARME GRYDE ApS (CVR number: 35045147) is a company from SLAGELSE. The company reported a net sales of 0.9 mDKK in 2019, demonstrating a growth of 34 % compared to the previous year. The operating profit percentage was at 27.2 % (EBIT: 0.2 mDKK), while net earnings were 183.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 43 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -70.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DEN VARME GRYDE ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016201720182019
Volume
Net sales659.09882.98
Gross profit-32.6335.0542.61452.69
EBIT- 340.95- 162.51- 163.68239.93
Net earnings- 283.10- 149.50- 144.62183.30
Shareholders equity total- 898.49-1 047.98-1 192.60-1 009.31
Balance sheet total (assets)561.07481.29436.22416.41
Net debt1 151.111 188.901 266.96889.93
Profitability
EBIT-%-24.8 %27.2 %
ROA-23.4 %-10.9 %-10.4 %15.7 %
ROE-50.5 %-28.7 %-31.5 %43.0 %
ROI-29.0 %-13.7 %-13.2 %21.4 %
Economic value added (EVA)- 282.97- 102.38-91.33245.10
Solvency
Equity ratio-61.6 %-68.5 %-73.2 %-70.8 %
Gearing-130.6 %-114.2 %-107.8 %-94.9 %
Relative net indebtedness %244.2 %153.8 %
Liquidity
Quick ratio0.20.20.20.2
Current ratio0.20.20.20.3
Cash and cash equivalents22.747.5619.1868.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-191.3 %-120.6 %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:15.7%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-70.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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