INTERNATIONAL FARVEFABRIK A/S
Credit rating
Company information
About INTERNATIONAL FARVEFABRIK A/S
INTERNATIONAL FARVEFABRIK A/S (CVR number: 16972711) is a company from HERLEV. The company reported a net sales of 89.9 mDKK in 2023, demonstrating a growth of 17.8 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -0 mDKK), while net earnings were 6312 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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. INTERNATIONAL FARVEFABRIK A/S's liquidity measured by quick ratio was 2.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 99.82 | 80.11 | 73.05 | 76.34 | 89.94 |
Gross profit | 14.05 | 10.22 | 12.52 | 12.29 | 15.12 |
EBIT | 4.91 | 1.18 | -0.00 | ||
Net earnings | 3.75 | 0.63 | 5.52 | 4.95 | 6.31 |
Shareholders equity total | 18.29 | 4.92 | 10.44 | 15.39 | 21.70 |
Balance sheet total (assets) | 57.84 | 41.27 | 45.80 | 40.15 | 40.65 |
Net debt | 31.35 | 25.27 | 27.44 | 18.39 | 11.57 |
Profitability | |||||
EBIT-% | 4.9 % | 1.5 % | -0.0 % | ||
ROA | 7.9 % | 2.7 % | 0.4 % | 1.3 % | 3.4 % |
ROE | 18.6 % | 5.4 % | 71.9 % | 38.3 % | 34.0 % |
ROI | 9.0 % | 3.3 % | 0.5 % | 1.6 % | 4.1 % |
Economic value added (EVA) | 2.74 | -0.24 | -0.25 | -0.52 | -0.77 |
Solvency | |||||
Equity ratio | 31.6 % | 11.9 % | 22.8 % | 38.3 % | 53.4 % |
Gearing | 171.4 % | 513.8 % | 262.8 % | 119.5 % | 53.3 % |
Relative net indebtedness % | 39.3 % | 45.4 % | 48.4 % | 32.4 % | 21.1 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.0 | 1.3 | 1.6 | 2.1 |
Current ratio | 1.5 | 1.1 | 1.3 | 1.6 | 2.1 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 66.4 | 61.9 | 75.4 | 81.3 | 78.2 |
Net working capital % | 18.5 % | 5.9 % | 14.0 % | 20.0 % | 23.9 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
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