Færges Auto & Handel ApS

CVR number: 76811113
Bækvej 14, Asp 7600 Struer

Credit rating

Company information

Official name
Færges Auto & Handel ApS
Established
1984
Domicile
Asp
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About Færges Auto & Handel ApS

Færges Auto & Handel ApS (CVR number: 76811113) is a company from STRUER. The company recorded a gross profit of 28.8 kDKK in 2022. The operating profit was -29.8 kDKK, while net earnings were -92.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -26.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Færges Auto & Handel ApS's liquidity measured by quick ratio was 0.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit0.09106.0566.45156.9728.77
EBIT-42.3563.5416.94102.87-29.80
Net earnings22.5949.24-3.7571.53-92.30
Shareholders equity total283.55331.79328.05399.57307.27
Balance sheet total (assets)1 372.621 333.851 332.791 525.741 438.55
Net debt876.36920.93948.411 039.661 016.88
Profitability
EBIT-%
ROA-2.5 %4.7 %1.3 %7.2 %-2.0 %
ROE5.1 %16.0 %-1.1 %19.7 %-26.1 %
ROI-2.6 %5.0 %1.3 %7.6 %-2.1 %
Economic value added (EVA)- 107.395.72-42.7235.68-89.62
Solvency
Equity ratio20.7 %24.9 %24.6 %26.2 %21.4 %
Gearing340.0 %291.8 %289.1 %260.2 %335.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.90.20.20.3
Current ratio0.70.90.50.90.7
Cash and cash equivalents87.6247.3815.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-2.01%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.4%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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