New AI-Powered Free Company Valuation tool for any company in the world. Upload a PDF financial statement to receive an instant report with customizable forecasts, credit score, default probability and key financial metrics. Try Now for Free →
- Get an AI-powered company valuation or credit risk report in just 2 minutes
- Get reports of any company in the world with a financial statement in any language
- Upload a PDF financial statement to receive an instant report with customizable forecasts, credit score, default probability and key financial metrics
FIRSTFARMS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FIRSTFARMS A/S
FIRSTFARMS A/S (CVR number: 28312504K) is a company from BILLUND. The company reported a net sales of 379.2 mDKK in 2025, demonstrating a decline of -16.5 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 12.7 mDKK), while net earnings were -20.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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. FIRSTFARMS A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 369.48 | 418.39 | 461.56 | 454.02 | 379.24 |
| Gross profit | 258.60 | 231.08 | 276.86 | 238.47 | 199.08 |
| EBIT | 69.93 | 95.93 | 50.09 | 42.95 | 12.66 |
| Net earnings | 34.76 | 65.47 | 26.04 | 16.35 | -20.62 |
| Shareholders equity total | 530.13 | 683.06 | 722.20 | 819.15 | 899.27 |
| Balance sheet total (assets) | 1 098.54 | 1 341.49 | 1 509.69 | 1 684.90 | 1 744.81 |
| Net debt | -1.28 | 127.99 | 44.42 | 462.07 | 613.11 |
| Profitability | |||||
| EBIT-% | 18.9 % | 22.9 % | 10.9 % | 9.5 % | 3.3 % |
| ROA | 6.5 % | 8.4 % | 4.9 % | 3.3 % | 1.0 % |
| ROE | 6.9 % | 10.8 % | 3.7 % | 2.1 % | -2.4 % |
| ROI | 7.5 % | 9.8 % | 5.4 % | 3.6 % | 1.1 % |
| Economic value added (EVA) | 23.32 | 44.68 | -2.98 | -9.33 | -57.33 |
| Solvency | |||||
| Equity ratio | 48.3 % | 50.9 % | 47.8 % | 48.6 % | 51.5 % |
| Gearing | 14.4 % | 21.9 % | 9.7 % | 73.2 % | 69.5 % |
| Relative net indebtedness % | 132.9 % | 152.1 % | 165.0 % | 160.4 % | 219.8 % |
| Liquidity | |||||
| Quick ratio | 0.8 | 0.7 | 1.5 | 2.0 | 1.2 |
| Current ratio | 1.1 | 1.2 | 2.1 | 2.8 | 2.2 |
| Cash and cash equivalents | 77.47 | 21.86 | 25.88 | 137.70 | 12.06 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 20.7 | 22.8 | 22.8 | 22.9 | 22.5 |
| Net working capital % | 8.7 % | 9.3 % | 32.5 % | 58.7 % | 51.9 % |
| Credit risk | |||||
| Credit rating | A | AA | AA | AA | A |
Variable visualization
Roles
Companies in the same industry
- Company information
- Financial data
- Credit risk data
- All 400,000+ Danish companies
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions
... and more!
No registration needed.