FFI FOODS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FFI FOODS ApS
FFI FOODS ApS (CVR number: 25786866) is a company from VEJLE. The company recorded a gross profit of -34.1 kDKK in 2019. The operating profit was -34.1 kDKK, while net earnings were -22.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.5 %, which can be considered poor and Return on Equity (ROE) was -31.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FFI FOODS 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 3.37 | 4.91 | -34.13 | |
EBIT | 3.37 | 4.91 | -34.13 | |
Net earnings | 6.33 | 7.51 | -22.92 | |
Shareholders equity total | 86.33 | 87.52 | 57.08 | |
Balance sheet total (assets) | 384.72 | 91.69 | 100.78 | |
Net debt | 263.15 | 0.06 | -10.48 | |
Profitability | ||||
EBIT-% | ||||
ROA | 2.1 % | 4.1 % | -30.5 % | |
ROE | 7.3 % | 8.6 % | -31.7 % | |
ROI | 2.3 % | 4.4 % | -39.9 % | |
Economic value added (EVA) | 2.63 | -0.50 | -31.01 | |
Solvency | ||||
Equity ratio | 22.4 % | 95.5 % | 56.6 % | |
Gearing | 304.9 % | 0.1 % | 4.5 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.3 | 22.0 | 2.3 | |
Current ratio | 1.3 | 22.0 | 2.3 | |
Cash and cash equivalents | 0.06 | 13.06 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | BB | BB | BB |
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