FARSØ BYMIDTE ApS — Credit Rating and Financial Key Figures

CVR number: 28287224
Søndergården 7, 9640 Farsø
tel: 98633622

Company information

Official name
FARSØ BYMIDTE ApS
Established
2004
Company form
Private limited company
Industry

About FARSØ BYMIDTE ApS

FARSØ BYMIDTE ApS (CVR number: 28287224) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 930.3 kDKK in 2023. The operating profit was 889.5 kDKK, while net earnings were 548 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. FARSØ BYMIDTE ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit862.48995.771 003.571 012.39930.26
EBIT636.041 274.89833.66-1 817.28889.47
Net earnings318.92821.75485.29-1 572.53547.97
Shareholders equity total6 183.816 705.566 890.855 118.325 466.28
Balance sheet total (assets)14 710.6214 941.4914 725.9712 290.4012 266.26
Net debt7 671.137 324.186 967.736 517.346 105.66
Profitability
EBIT-%
ROA4.2 %8.6 %5.6 %-13.5 %7.2 %
ROE5.0 %12.8 %7.1 %-26.2 %10.4 %
ROI4.4 %8.9 %5.8 %-13.9 %7.5 %
Economic value added (EVA)- 192.15318.13-35.53-2 093.44129.60
Solvency
Equity ratio42.0 %44.9 %46.8 %41.8 %44.8 %
Gearing127.6 %111.9 %103.1 %131.0 %115.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.20.60.6
Current ratio0.30.20.20.60.6
Cash and cash equivalents219.91176.90137.23185.66189.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBBAA

Variable visualization

ROA:7.25%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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