FARM COMPANY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FARM COMPANY A/S
FARM COMPANY A/S (CVR number: 32470688K) is a company from VEJEN. The company recorded a gross profit of 4006.7 kEUR in 2023. The operating profit was 1062.8 kEUR, while net earnings were 473.6 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FARM COMPANY A/S's liquidity measured by quick ratio was 27294.6 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 708.00 | 2 631.00 | 2 734.00 | 5 493.51 | 4 006.67 |
EBIT | 308.00 | 718.00 | 830.00 | 2 590.23 | 1 062.78 |
Net earnings | - 143.00 | 254.00 | 377.00 | 4 116.45 | 473.60 |
Shareholders equity total | 20 920.00 | 25 182.00 | 27 654.00 | 32 168.58 | 33 566.36 |
Balance sheet total (assets) | 44 075.00 | 46 163.00 | 49 859.00 | 52 881.92 | 55 208.66 |
Net debt | 16 532.30 | 16 544.43 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 0.7 % | 1.6 % | 1.7 % | 12.0 % | 2.3 % |
ROE | -0.7 % | 1.1 % | 1.4 % | 13.8 % | 1.4 % |
ROI | 0.8 % | 1.6 % | 1.7 % | 12.0 % | 2.3 % |
Economic value added (EVA) | -1 103.65 | - 333.23 | - 435.40 | 619.66 | -1 597.01 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 64.1 % | 63.4 % |
Gearing | 51.6 % | 51.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 88 598.4 | 27 294.6 | |||
Current ratio | 252 069.1 | 60 644.6 | |||
Cash and cash equivalents | 69.07 | 815.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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