Food Squad ApS — Credit Rating and Financial Key Figures

Food Squad ApS (CVR number: 36987103) is a company from HERLEV. The company recorded a gross profit of 72.1 kDKK in 2020. The operating profit was 65.4 kDKK, while net earnings were 61 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 89.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -86.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Food Squad ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.