FARMEN COMMUNICATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FARMEN COMMUNICATION ApS
FARMEN COMMUNICATION ApS (CVR number: 35140816) is a company from FREDENSBORG. The company recorded a gross profit of 377.6 kDKK in 2022. The operating profit was -36.1 kDKK, while net earnings were -34.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FARMEN COMMUNICATION ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22.37 | 359.85 | 428.59 | 416.63 | 377.65 |
EBIT | - 416.19 | 20.60 | 28.08 | 79.01 | -36.12 |
Net earnings | - 331.66 | 5.66 | 19.38 | 55.34 | -34.47 |
Shareholders equity total | - 183.67 | - 178.00 | - 158.62 | - 103.28 | - 137.75 |
Balance sheet total (assets) | 308.79 | 178.34 | 305.45 | 292.61 | 273.67 |
Net debt | 129.65 | 253.72 | 92.22 | 95.43 | 102.50 |
Profitability | |||||
EBIT-% | |||||
ROA | -41.7 % | 5.0 % | 6.8 % | 18.4 % | -9.1 % |
ROE | -89.4 % | 2.3 % | 8.0 % | 18.5 % | -12.2 % |
ROI | -113.9 % | 7.5 % | 10.0 % | 27.5 % | -12.5 % |
Economic value added (EVA) | - 278.33 | 33.10 | 38.21 | 79.25 | -13.14 |
Solvency | |||||
Equity ratio | -37.3 % | -50.0 % | -34.2 % | -26.1 % | -33.5 % |
Gearing | -155.3 % | -155.8 % | -179.2 % | -282.0 % | -216.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.7 | 0.7 | 0.7 |
Current ratio | 0.6 | 0.5 | 0.7 | 0.7 | 0.7 |
Cash and cash equivalents | 155.65 | 23.54 | 191.97 | 195.86 | 196.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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