Farrington Patents ApS

CVR number: 40797130
Vallerød Banevej 9 C, 2960 Rungsted Kyst
ejf@inspicos.com

Credit rating

Company information

Official name
Farrington Patents ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

Farrington Patents ApS (CVR number: 40797130) is a company from HØRSHOLM. The company recorded a gross profit of -12.5 kDKK in 2023. The operating profit was -12.5 kDKK, while net earnings were 305.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.3 %, which can be considered excellent and Return on Equity (ROE) was 100.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.4 %, 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. Farrington Patents ApS's liquidity measured by quick ratio was 8.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit-9.63-8.51-11.50-12.54
EBIT-9.63-8.51-11.50-12.54
Net earnings167.3987.8852.13305.90
Shareholders equity total292.39269.68208.80400.30
Balance sheet total (assets)344.89789.62739.281 016.12
Net debt2.13-13.12-16.61-9.74
Profitability
EBIT-%
ROA48.1 %16.0 %8.7 %36.3 %
ROE57.2 %31.3 %21.8 %100.4 %
ROI56.3 %16.9 %8.8 %38.8 %
Economic value added (EVA)-7.97-15.00-15.87-12.98
Solvency
Equity ratio84.8 %34.2 %28.2 %39.4 %
Gearing0.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.241.052.38.8
Current ratio4.241.052.38.8
Cash and cash equivalents13.1216.619.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:36.3%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.4%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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