FARVESALG ApS

CVR number: 21480401
Hadsundvej 15, 2610 Rødovre

Credit rating

Company information

Official name
FARVESALG ApS
Established
1999
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About FARVESALG ApS

FARVESALG ApS (CVR number: 21480401) is a company from RØDOVRE. The company recorded a gross profit of 690.5 kDKK in 2023. The operating profit was 624.9 kDKK, while net earnings were 507.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 69.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.8 %, 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. FARVESALG ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit284.53343.65432.12670.62690.51
EBIT211.24278.19355.54582.24624.86
Net earnings538.92199.34259.93444.36507.70
Shareholders equity total546.03445.37505.30699.66763.00
Balance sheet total (assets)1 799.042 301.882 207.062 879.093 856.84
Net debt-55.53- 242.13141.97- 214.201 457.86
Profitability
EBIT-%
ROA17.8 %13.6 %15.8 %22.9 %19.3 %
ROE96.6 %40.2 %54.7 %73.8 %69.4 %
ROI35.5 %45.1 %49.1 %58.7 %38.6 %
Economic value added (EVA)149.78195.87276.24438.81486.07
Solvency
Equity ratio30.4 %19.3 %22.9 %24.3 %19.8 %
Gearing13.8 %37.4 %65.4 %64.3 %191.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.50.70.9
Current ratio1.11.01.11.21.2
Cash and cash equivalents131.05408.90188.50663.812.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:19.3%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.8%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

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