Danish-Chinese Organic Food Center A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 178.15 | - 197.17 | - 202.00 | - 142.00 | 5.00 |
EBIT | - 178.15 | - 197.17 | - 202.00 | - 142.00 | 5.00 |
Net earnings | - 139.87 | - 121.38 | - 117.00 | -66.00 | -73.00 |
Shareholders equity total | 360.13 | 1 738.75 | 1 622.00 | 1 555.00 | 1 482.00 |
Balance sheet total (assets) | 390.13 | 1 798.75 | 1 656.00 | 1 561.00 | 1 500.00 |
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 ratio | 92.3 % | 96.7 % | 97.9 % | 99.6 % | 98.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.0 | 29.5 | 47.8 | 255.0 | 83.3 |
Current ratio | 12.0 | 29.5 | 47.8 | 255.0 | 83.3 |
Cash and cash equivalents | 320.76 | 108.07 | 34.00 | 59.00 | 2.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BBB | B |
Variable visualization
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