C&D FOODS (DENMARK) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About C&D FOODS (DENMARK) A/S
C&D FOODS (DENMARK) A/S (CVR number: 78804912) is a company from ESBJERG. The company reported a net sales of 114 mEUR in 2024, demonstrating a decline of -1.8 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 0.7 mEUR), while net earnings were 973 kEUR. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. C&D FOODS (DENMARK) A/S'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 financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 80.59 | 84.06 | 106.80 | 116.01 | 113.97 |
Gross profit | 18.50 | 21.95 | 23.84 | 26.23 | 24.83 |
EBIT | -0.94 | 1.00 | 2.75 | 3.34 | 0.67 |
Net earnings | 0.20 | 1.52 | 3.90 | 6.83 | 0.97 |
Shareholders equity total | 36.97 | 38.52 | 42.38 | 49.16 | 50.12 |
Balance sheet total (assets) | 51.81 | 60.41 | 69.00 | 69.10 | 69.87 |
Net debt | 2.04 | -0.86 | |||
Profitability | |||||
EBIT-% | -1.2 % | 1.2 % | 2.6 % | 2.9 % | 0.6 % |
ROA | -1.3 % | 1.8 % | 4.2 % | 6.0 % | 1.9 % |
ROE | 144.7 % | 4.0 % | 9.6 % | 14.9 % | 2.0 % |
ROI | -1.3 % | 1.8 % | 4.2 % | 6.8 % | 2.5 % |
Economic value added (EVA) | 0.90 | -0.86 | 0.81 | 0.24 | -1.94 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 71.1 % | 71.7 % |
Gearing | 6.0 % | 1.2 % | |||
Relative net indebtedness % | 16.4 % | 16.1 % | |||
Liquidity | |||||
Quick ratio | 0.0 | 2.3 | |||
Current ratio | 0.8 | 3.1 | |||
Cash and cash equivalents | 0.89 | 1.45 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.6 | ||||
Net working capital % | -4.1 % | 36.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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