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Færges Auto & Handel ApS — Credit Rating and Financial Key Figures

CVR number: 76811113
Bækvej 14, Asp 7600 Struer
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Credit rating

Company information

Official name
Færges Auto & Handel ApS
Personnel
1 person
Established
1984
Domicile
Asp
Company form
Private limited company
Industry

About Færges Auto & Handel ApS

Færges Auto & Handel ApS (CVR number: 76811113) is a company from STRUER. The company recorded a gross profit of 171.7 kDKK in 2025. The operating profit was 109.8 kDKK, while net earnings were 32.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 24.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Færges Auto & Handel ApS's liquidity measured by quick ratio was 0.4 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit156.9728.775.1847.37171.67
EBIT102.87-29.80-59.79-16.57109.80
Net earnings71.53-92.30- 119.62-74.4132.22
Shareholders equity total399.57307.27187.65113.24145.45
Balance sheet total (assets)1 525.741 438.551 272.901 205.391 218.20
Net debt1 039.661 016.88961.681 008.23961.59
Profitability
EBIT-%
ROA7.2 %-2.0 %-4.4 %-1.3 %9.1 %
ROE19.7 %-26.1 %-48.3 %-49.5 %24.9 %
ROI7.6 %-2.1 %-4.8 %-1.5 %9.8 %
Economic value added (EVA)30.58- 102.12- 127.10-74.3253.45
Solvency
Equity ratio26.2 %21.4 %14.7 %9.4 %11.9 %
Gearing260.2 %335.9 %512.5 %890.4 %665.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.10.4
Current ratio0.90.70.40.31.3
Cash and cash equivalents15.346.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:9.06%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:11.9%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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