FARMFOOD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FARMFOOD A/S
FARMFOOD A/S (CVR number: 27121977) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 30.1 mDKK in 2024. The operating profit was 6151 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.4 %, 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. FARMFOOD A/S's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 24 175.00 | 26 727.00 | 30 097.00 | ||
EBIT | 5 162.00 | 1 827.00 | 643.00 | 2 842.00 | 6 151.00 |
Net earnings | 3 593.00 | 2 211.00 | 1 247.00 | ||
Shareholders equity total | 63 702.00 | 65 914.00 | 134 943.00 | 79 370.00 | 70 014.00 |
Balance sheet total (assets) | 119 979.00 | 157 161.00 | 263 920.00 | 221 474.00 | 205 408.00 |
Net debt | 55 373.00 | 69 375.00 | 65 208.00 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 4.2 % | 1.3 % | 0.3 % | 1.2 % | 2.9 % |
ROE | 5.8 % | 3.4 % | 1.2 % | ||
ROI | 4.2 % | 1.3 % | 0.3 % | 1.3 % | 3.4 % |
Economic value added (EVA) | 2 141.52 | -1 374.03 | -2 794.54 | - 316.77 | 3 107.86 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 51.1 % | 35.8 % | 41.4 % |
Gearing | 41.0 % | 87.4 % | 93.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.7 | 0.6 | ||
Current ratio | 1.1 | 0.8 | 0.8 | ||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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