FARUM BETONINDUSTRI A/S — Credit Rating and Financial Key Figures

CVR number: 16368709
Lysholt Alle 4, 7430 Ikast
tel: 44951344

Credit rating

Company information

Official name
FARUM BETONINDUSTRI A/S
Personnel
19 persons
Established
1992
Company form
Limited company
Industry
  • Expand more icon23Manufacture of other non-metallic mineral products

About FARUM BETONINDUSTRI A/S

FARUM BETONINDUSTRI A/S (CVR number: 16368709) is a company from IKAST-BRANDE. The company recorded a gross profit of 20.5 mDKK in 2023. The operating profit was 9364.9 kDKK, while net earnings were 7399.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.4 %, which can be considered excellent and Return on Equity (ROE) was 23.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FARUM BETONINDUSTRI A/S's liquidity measured by quick ratio was 1.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit15 416.7721 169.2822 261.7120 334.5320 491.67
EBIT5 226.9010 566.2411 216.329 696.279 364.87
Net earnings4 053.748 286.158 657.227 544.557 399.14
Shareholders equity total21 298.5026 584.6530 241.8730 786.4232 185.55
Balance sheet total (assets)29 280.9540 836.0841 422.6840 128.2641 016.07
Net debt-9.13-20.52-4.71-11.49-13.32
Profitability
EBIT-%
ROA18.2 %30.4 %27.3 %23.9 %23.4 %
ROE19.5 %34.6 %30.5 %24.7 %23.5 %
ROI23.0 %41.2 %37.0 %29.8 %28.3 %
Economic value added (EVA)3 044.027 165.657 389.926 032.895 753.93
Solvency
Equity ratio73.1 %65.8 %73.6 %77.3 %80.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.81.51.81.71.5
Current ratio2.22.02.83.53.8
Cash and cash equivalents9.1320.524.7111.4913.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:23.4%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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