Farrington Patents ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Farrington Patents ApS
Farrington Patents ApS (CVR number: 40797130) is a company from HØRSHOLM. The company recorded a gross profit of -13.1 kDKK in 2024. The operating profit was -13.1 kDKK, while net earnings were 433.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 77.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Farrington Patents ApS's liquidity measured by quick ratio was 9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.63 | -8.51 | -11.50 | -12.54 | -13.06 |
EBIT | -9.63 | -8.51 | -11.50 | -12.54 | -13.06 |
Net earnings | 167.39 | 87.88 | 52.13 | 305.90 | 433.90 |
Shareholders equity total | 292.39 | 269.68 | 208.80 | 400.30 | 716.40 |
Balance sheet total (assets) | 344.89 | 789.62 | 739.28 | 1 016.12 | 1 402.44 |
Net debt | 2.13 | -13.12 | -16.61 | -9.74 | -36.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 48.1 % | 16.0 % | 8.7 % | 36.3 % | 38.3 % |
ROE | 57.2 % | 31.3 % | 21.8 % | 100.4 % | 77.7 % |
ROI | 56.3 % | 16.9 % | 8.8 % | 56.5 % | 82.9 % |
Economic value added (EVA) | -7.97 | -15.00 | -15.87 | -12.98 | -30.94 |
Solvency | |||||
Equity ratio | 84.8 % | 34.2 % | 28.2 % | 39.4 % | 51.1 % |
Gearing | 0.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 41.0 | 52.3 | 8.8 | 9.0 |
Current ratio | 4.2 | 41.0 | 52.3 | 8.8 | 9.0 |
Cash and cash equivalents | 13.12 | 16.61 | 9.74 | 36.53 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BBB |
Variable visualization
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