Danish Quinoa Group F.M.B.A.

CVR number: 39989263
Gerringevej 7, 4970 Rødby
krusekom@gerringe.dk
tel: 29264419

Credit rating

Company information

Official name
Danish Quinoa Group F.M.B.A.
Established
2018
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Danish Quinoa Group F.M.B.A.

Danish Quinoa Group F.M.B.A. (CVR number: 39989263) is a company from LOLLAND. The company recorded a gross profit of 14.7 kDKK in 2023. The operating profit was 14.7 kDKK, while net earnings were 11.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.3 %, 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. Danish Quinoa Group F.M.B.A.'s liquidity measured by quick ratio was 1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-91.3515.8210.38-11.8114.70
EBIT-91.3515.8210.38-11.8114.70
Net earnings-91.3914.657.68-16.2411.94
Shareholders equity total43.6158.2565.9357.1969.13
Balance sheet total (assets)143.65776.15882.19825.77671.95
Net debt-70.20- 265.54- 782.14- 492.75- 515.84
Profitability
EBIT-%
ROA-63.6 %3.4 %1.3 %-1.4 %2.0 %
ROE-209.6 %28.8 %12.4 %-26.4 %18.9 %
ROI-209.5 %31.1 %17.9 %-19.1 %23.7 %
Economic value added (EVA)-91.3517.1520.7924.1836.96
Solvency
Equity ratio30.4 %7.5 %7.5 %6.9 %10.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.11.10.91.0
Current ratio1.41.11.11.01.1
Cash and cash equivalents70.20265.54782.14492.75515.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:2.00%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.3%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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