FARM SALG ApS

CVR number: 34586829
Engvej 305, Nørhalne 9440 Aabybro
tel: 98265024

Credit rating

Company information

Official name
FARM SALG ApS
Personnel
1 person
Established
2012
Domicile
Nørhalne
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FARM SALG ApS

FARM SALG ApS (CVR number: 34586829) is a company from JAMMERBUGT. The company recorded a gross profit of 528 kDKK in 2023. The operating profit was 178.2 kDKK, while net earnings were 106.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46.9 %, 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. FARM SALG ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-91.9450.29567.90525.66528.01
EBIT- 569.48- 334.88106.24176.51178.21
Net earnings- 487.55- 307.0059.08107.78106.54
Shareholders equity total1 363.261 056.261 115.351 163.131 269.66
Balance sheet total (assets)2 685.942 409.782 259.042 209.912 704.39
Net debt1 181.471 246.481 070.79918.171 371.68
Profitability
EBIT-%
ROA-18.6 %-13.1 %4.6 %8.0 %7.3 %
ROE-30.3 %-25.4 %5.4 %9.5 %8.8 %
ROI-19.5 %-13.8 %4.7 %8.4 %7.6 %
Economic value added (EVA)- 449.94- 237.6226.0681.5280.55
Solvency
Equity ratio50.8 %43.8 %49.4 %52.6 %46.9 %
Gearing86.7 %118.0 %96.0 %78.9 %108.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.10.1
Current ratio2.21.82.01.71.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:7.29%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.9%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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