Danish-Chinese Organic Food Center A/S — Credit Rating and Financial Key Figures

CVR number: 38778935
Unovej 1, 3390 Hundested

Company information

Official name
Danish-Chinese Organic Food Center A/S
Established
2017
Company form
Limited company
Industry

About Danish-Chinese Organic Food Center A/S

Danish-Chinese Organic Food Center A/S (CVR number: 38778935) is a company from HALSNÆS. The company recorded a gross profit of 5 kDKK in 2021. The operating profit was 5 kDKK, while net earnings were -73 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Danish-Chinese Organic Food Center A/S's liquidity measured by quick ratio was 83.3 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit- 178.15- 197.17- 202.00- 142.005.00
EBIT- 178.15- 197.17- 202.00- 142.005.00
Net earnings- 139.87- 121.38- 117.00-66.00-73.00
Shareholders equity total360.131 738.751 622.001 555.001 482.00
Balance sheet total (assets)390.131 798.751 656.001 561.001 500.00
Net debt- 320.76- 108.07-34.00-59.00-2.00
Profitability
EBIT-%
ROA-45.7 %-14.1 %-8.2 %-5.3 %4.1 %
ROE-38.8 %-11.6 %-7.0 %-4.2 %-4.8 %
ROI-49.5 %-14.7 %-8.4 %-5.4 %4.1 %
Economic value added (EVA)- 139.80- 155.77- 243.82- 190.06-71.62
Solvency
Equity ratio92.3 %96.7 %97.9 %99.6 %98.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio12.029.547.8255.083.3
Current ratio12.029.547.8255.083.3
Cash and cash equivalents320.76108.0734.0059.002.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.05%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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