Circular Food Technology ApS — Credit Rating and Financial Key Figures

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

Official name
Circular Food Technology ApS
Personnel
19 persons
Established
2018
Company form
Private limited company
Industry

About Circular Food Technology ApS

Circular Food Technology ApS (CVR number: 39615231) is a company from KØBENHAVN. The company recorded a gross profit of -4729.7 kDKK in 2024. The operating profit was -14.5 mDKK, while net earnings were -14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -150.1 %, which can be considered poor and Return on Equity (ROE) was -205.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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 2.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1 776.84- 925.76-1 916.27-4 743.36-4 729.68
EBIT-3 043.09-2 915.09-3 033.41-12 041.30-14 517.61
Net earnings-2 723.92-3 219.69-3 029.56-12 229.83-14 399.46
Shareholders equity total529.25119.8312 212.518 566.515 451.64
Balance sheet total (assets)3 582.003 312.7114 942.8511 876.157 474.12
Net debt- 109.83- 242.81-12 034.65-6 588.55- 861.74
Profitability
EBIT-%
ROA-123.6 %-84.6 %-33.7 %-89.8 %-150.1 %
ROE-345.9 %-992.1 %-49.1 %-117.7 %-205.4 %
ROI-196.0 %-119.0 %-39.5 %-110.1 %-187.7 %
Economic value added (EVA)-2 758.24-3 192.05-2 999.76-12 674.18-14 692.05
Solvency
Equity ratio14.8 %3.6 %81.7 %72.1 %72.9 %
Gearing255.6 %319.3 %3.1 %8.2 %13.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.523.94.42.3
Current ratio1.83.724.54.73.3
Cash and cash equivalents1 462.53625.4512 416.827 291.541 610.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-150.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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