Get Professional Valuation and Credit Risk Reports of Any Company in the World

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 →

FIRSTFARMS A/S — Credit Rating and Financial Key Figures

CVR number: 28312504
Majsmarken 1, 7190 Billund
Free credit report
See parent company

Company information

Official name
FIRSTFARMS A/S
Personnel
7 persons
Established
2004
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales369.48418.39461.56454.02379.24
Gross profit258.60231.08276.86238.47199.08
EBIT69.9395.9350.0942.9512.66
Net earnings34.7665.4726.0416.35-20.62
Shareholders equity total530.13683.06722.20819.15899.27
Balance sheet total (assets)1 098.541 341.491 509.691 684.901 744.81
Net debt-1.28127.9944.42462.07613.11
Profitability
EBIT-%18.9 %22.9 %10.9 %9.5 %3.3 %
ROA6.5 %8.4 %4.9 %3.3 %1.0 %
ROE6.9 %10.8 %3.7 %2.1 %-2.4 %
ROI7.5 %9.8 %5.4 %3.6 %1.1 %
Economic value added (EVA)23.3244.68-2.98-9.33-57.33
Solvency
Equity ratio48.3 %50.9 %47.8 %48.6 %51.5 %
Gearing14.4 %21.9 %9.7 %73.2 %69.5 %
Relative net indebtedness %132.9 %152.1 %165.0 %160.4 %219.8 %
Liquidity
Quick ratio0.80.71.52.01.2
Current ratio1.11.22.12.82.2
Cash and cash equivalents77.4721.8625.88137.7012.06
Capital use efficiency
Trade debtors turnover (days)20.722.822.822.922.5
Net working capital %8.7 %9.3 %32.5 %58.7 %51.9 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:1.00%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Exclamation mark icon
Graph failed to load
Equity ratio:51.5%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Exclamation mark icon
Graph failed to load

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.