Circular Food Technology ApS

CVR number: 39615231
Pilestræde 35 B, 1112 København K
contact@circularfoodtech.com
agrainproducts.com

Credit rating

Company information

Official name
Circular Food Technology ApS
Personnel
21 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About the company

Circular Food Technology ApS (CVR number: 39615231) is a company from KØBENHAVN. The company recorded a gross profit of -5381.6 kDKK in 2023. The operating profit was -12 mDKK, while net earnings were -12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -89.8 %, which can be considered poor and Return on Equity (ROE) was -117.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Circular Food Technology ApS's liquidity measured by quick ratio was 4.4 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
20192020202120222023
Volume
Net sales
Gross profit- 813.85-1 776.84- 925.76-1 916.27-5 381.57
EBIT-1 168.22-3 043.09-2 915.09-3 033.41-12 041.30
Net earnings- 916.91-2 723.92-3 219.69-3 029.56-12 229.83
Shareholders equity total1 045.59529.25119.8312 212.518 566.51
Balance sheet total (assets)1 342.313 582.003 312.7114 942.8511 876.15
Net debt- 305.58- 109.83- 242.81-12 034.65-6 588.55
Profitability
EBIT-%
ROA-87.4 %-123.6 %-84.6 %-33.7 %-89.8 %
ROE-87.7 %-345.9 %-992.1 %-49.1 %-117.7 %
ROI-100.7 %-196.0 %-119.0 %-39.5 %-110.1 %
Economic value added (EVA)- 912.56-2 643.10-2 900.74-2 609.38-12 018.48
Solvency
Equity ratio77.9 %14.8 %3.6 %81.7 %72.1 %
Gearing11.4 %255.6 %319.3 %3.1 %8.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.71.52.523.94.4
Current ratio4.91.83.724.54.7
Cash and cash equivalents425.261 462.53625.4512 416.827 291.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-89.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

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