Net Food ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Net Food ApS
Net Food ApS (CVR number: 40867945) is a company from AALBORG. The company recorded a gross profit of 1271.6 kDKK in 2023. The operating profit was -124.8 kDKK, while net earnings were -107.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.6 %, which can be considered poor and Return on Equity (ROE) was -14.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Net Food ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 771.48 | 708.69 | 1 098.26 | 1 271.57 |
EBIT | -78.39 | - 147.87 | 139.88 | - 124.76 |
Net earnings | -79.36 | - 161.14 | 152.18 | - 107.21 |
Shareholders equity total | -29.36 | - 190.50 | -38.32 | - 145.53 |
Balance sheet total (assets) | 447.77 | 369.66 | 746.53 | 777.99 |
Net debt | 12.35 | 168.41 | -48.15 | 208.47 |
Profitability | ||||
EBIT-% | ||||
ROA | -16.4 % | -28.5 % | 20.8 % | -14.6 % |
ROE | -17.7 % | -39.4 % | 27.3 % | -14.1 % |
ROI | -47.0 % | -60.0 % | 40.8 % | -28.7 % |
Economic value added (EVA) | -78.39 | - 138.63 | 184.12 | -75.05 |
Solvency | ||||
Equity ratio | -6.2 % | -34.0 % | -4.9 % | -15.8 % |
Gearing | -567.8 % | -171.3 % | -936.2 % | -349.9 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.9 | 0.6 | 0.9 | 0.8 |
Current ratio | 0.9 | 0.7 | 1.0 | 0.8 |
Cash and cash equivalents | 154.35 | 157.95 | 406.85 | 300.73 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
Variable visualization
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