FARM SALG ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
FARM SALG ApS
Personnel
1 person
Established
2012
Domicile
Nørhalne
Company form
Private limited company
Industry

About FARM SALG ApS

FARM SALG ApS (CVR number: 34586829) is a company from JAMMERBUGT. The company recorded a gross profit of 377.2 kDKK in 2024. The operating profit was -247 kDKK, while net earnings were -238.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -24.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FARM SALG ApS's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit50.29567.90525.66528.01377.19
EBIT- 334.88106.24176.51178.21- 247.03
Net earnings- 307.0059.08107.78106.54- 238.09
Shareholders equity total1 056.261 115.351 163.131 269.66668.87
Balance sheet total (assets)2 409.782 259.042 209.912 704.392 238.29
Net debt1 246.481 070.79918.171 371.681 172.35
Profitability
EBIT-%
ROA-13.1 %4.6 %8.0 %7.3 %-10.0 %
ROE-25.4 %5.4 %9.5 %8.8 %-24.6 %
ROI-13.8 %4.7 %8.4 %7.6 %-11.0 %
Economic value added (EVA)- 389.08-29.6427.7134.42- 325.76
Solvency
Equity ratio43.8 %49.4 %52.6 %46.9 %29.9 %
Gearing118.0 %96.0 %78.9 %108.0 %175.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.10.10.2
Current ratio1.82.01.71.60.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-9.95%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.9%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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