Futtes Pandekager ApS — Credit Rating and Financial Key Figures

CVR number: 39493381
Degnemose Allé 19, 2700 Brønshøj

Credit rating

Company information

Official name
Futtes Pandekager ApS
Personnel
13 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About Futtes Pandekager ApS

Futtes Pandekager ApS (CVR number: 39493381) is a company from KØBENHAVN. The company recorded a gross profit of 347.2 kDKK in 2023. The operating profit was 111.6 kDKK, while net earnings were 100.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.4 %, which can be considered excellent and Return on Equity (ROE) was 82.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.8 %, 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. Futtes Pandekager ApS's liquidity measured by quick ratio was 1.1 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 profit103.33265.38211.16310.69347.18
EBIT-79.3074.0414.82121.06111.62
Net earnings-85.5667.2714.40116.67100.51
Shareholders equity total- 280.71- 213.44- 199.04-82.3718.24
Balance sheet total (assets)162.67178.75124.43225.80232.93
Net debt265.80212.65136.09-61.50- 113.74
Profitability
EBIT-%
ROA-18.6 %17.7 %4.1 %38.4 %41.4 %
ROE-45.4 %39.4 %9.5 %66.6 %82.4 %
ROI-22.6 %23.9 %7.0 %93.9 %156.0 %
Economic value added (EVA)-68.7788.8326.18132.52115.28
Solvency
Equity ratio-63.3 %-54.4 %-61.5 %-26.7 %7.8 %
Gearing-99.5 %-105.6 %-83.0 %-113.4 %175.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.71.1
Current ratio0.10.20.20.71.1
Cash and cash equivalents13.5812.7029.02154.90145.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:41.4%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.83%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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