Fresh Market ApS — Credit Rating and Financial Key Figures

CVR number: 39982323
Frederiksborggade 21, 1360 København K
info@freshmarket.dk
tel: 22447744
www.freshmarket.dk

Credit rating

Company information

Official name
Fresh Market ApS
Personnel
15 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About Fresh Market ApS

Fresh Market ApS (CVR number: 39982323) is a company from KØBENHAVN. The company recorded a gross profit of 2019.2 kDKK in 2023. The operating profit was 340.8 kDKK, while net earnings were 323.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.6 %, which can be considered excellent and Return on Equity (ROE) was 69.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -52.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fresh Market 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 923.301 721.281 344.511 610.662 019.20
EBIT- 342.4017.41- 231.67- 404.42340.84
Net earnings- 345.00-11.38- 121.07- 422.71323.78
Shareholders equity total- 295.00- 306.38- 427.45- 850.16- 526.38
Balance sheet total (assets)620.47809.90418.93458.41470.27
Net debt41.72129.93124.96522.1999.10
Profitability
EBIT-%
ROA-37.4 %1.7 %-11.4 %-37.5 %29.6 %
ROE-55.6 %-1.6 %-19.7 %-96.4 %69.7 %
ROI-673.5 %7.3 %-40.3 %-124.2 %105.7 %
Economic value added (EVA)- 342.4032.69- 216.02- 382.89383.72
Solvency
Equity ratio-32.2 %-27.4 %-50.5 %-65.0 %-52.8 %
Gearing-17.2 %-44.0 %-29.5 %-61.8 %-22.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.10.10.2
Current ratio0.20.50.10.10.2
Cash and cash equivalents9.125.011.003.0620.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:29.6%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-52.8%
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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