House of Foods Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About House of Foods Holding ApS
House of Foods Holding ApS (CVR number: 43995553K) is a company from AALBORG. The company reported a net sales of 956.9 mDKK in 2024, demonstrating a growth of 58.8 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 40 mDKK), while net earnings were 27.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good and Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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. House of Foods Holding ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 602 613.16 | 956 855.34 |
Gross profit | 60 637.41 | 96 716.40 |
EBIT | 27 104.74 | 39 980.41 |
Net earnings | 17 768.26 | 27 467.83 |
Shareholders equity total | 173 931.98 | 201 399.80 |
Balance sheet total (assets) | 355 597.26 | 354 866.96 |
Net debt | 62 705.82 | 21 207.78 |
Profitability | ||
EBIT-% | 4.5 % | 4.2 % |
ROA | 8.2 % | 12.5 % |
ROE | 10.2 % | 14.6 % |
ROI | 11.5 % | 17.6 % |
Economic value added (EVA) | 18 778.15 | 14 556.88 |
Solvency | ||
Equity ratio | 48.9 % | 56.8 % |
Gearing | 46.1 % | 24.7 % |
Relative net indebtedness % | 27.2 % | 13.0 % |
Liquidity | ||
Quick ratio | 1.1 | 1.3 |
Current ratio | 1.6 | 1.7 |
Cash and cash equivalents | 17 502.46 | 28 578.91 |
Capital use efficiency | ||
Trade debtors turnover (days) | 68.5 | 44.5 |
Net working capital % | 11.5 % | 8.5 % |
Credit risk | ||
Credit rating | AAA | AAA |
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