House of Foods A/S — Credit Rating and Financial Key Figures

CVR number: 25054741
Sundsholmen 12, 9400 Nørresundby
tel: 96312500

Company information

Official name
House of Foods A/S
Personnel
20 persons
Established
1999
Company form
Limited company
Industry

About House of Foods A/S

House of Foods A/S (CVR number: 25054741) is a company from AALBORG. The company recorded a gross profit of 35.5 mDKK in 2023. The operating profit was 25.5 mDKK, while net earnings were 21 mDKK. The profitability of the company measured by Return on Assets (ROA) was 55.3 %, which can be considered excellent and Return on Equity (ROE) was 95 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. House of Foods A/S's liquidity measured by quick ratio was 2 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 profit13 069.008 294.2217 402.9228 953.9335 490.22
EBIT3 889.00- 116.689 501.5719 695.6625 484.91
Net earnings2 960.00166.587 718.3516 387.1621 042.57
Shareholders equity total18 564.0017 930.8119 649.1611 636.3232 678.89
Balance sheet total (assets)59 764.0042 858.9445 319.2141 975.1062 254.92
Net debt31 453.0016 233.0012 345.359 909.588 842.25
Profitability
EBIT-%
ROA7.3 %1.2 %27.0 %51.6 %55.3 %
ROE17.3 %0.9 %41.1 %104.8 %95.0 %
ROI8.5 %1.5 %35.8 %83.7 %90.2 %
Economic value added (EVA)2 223.32-1 015.366 498.5614 365.7118 303.68
Solvency
Equity ratio31.1 %41.8 %43.4 %27.7 %52.5 %
Gearing169.4 %90.5 %62.8 %85.2 %29.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.61.61.32.0
Current ratio1.41.71.71.42.1
Cash and cash equivalents2.001.98696.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:55.3%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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