Fairway Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fairway Group A/S
Fairway Group A/S (CVR number: 36689005) is a company from KØBENHAVN. The company recorded a gross profit of -11.8 kDKK in 2023. The operating profit was -11.8 kDKK, while net earnings were -101.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.9 %, 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. Fairway Group A/S's liquidity measured by quick ratio was 4.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.96 | -10.40 | -10.81 | -12.01 | -11.78 |
EBIT | -12.96 | -10.40 | -10.81 | -12.01 | -11.78 |
Net earnings | 73.15 | 411.70 | 642.72 | 713.37 | - 101.29 |
Shareholders equity total | 2 926.14 | 2 337.84 | 2 980.56 | 3 693.93 | 3 592.64 |
Balance sheet total (assets) | 4 270.50 | 4 759.52 | 5 066.45 | 5 317.48 | 4 550.67 |
Net debt | 1 229.56 | 2 255.23 | 1 922.32 | 1 389.34 | 828.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.0 % | 13.0 % | 17.0 % | 19.0 % | -0.2 % |
ROE | 2.2 % | 15.6 % | 24.2 % | 21.4 % | -2.8 % |
ROI | 4.2 % | 13.3 % | 17.5 % | 19.7 % | -0.2 % |
Economic value added (EVA) | - 194.98 | - 154.02 | - 124.33 | - 158.47 | - 192.71 |
Solvency | |||||
Equity ratio | 68.5 % | 49.1 % | 58.8 % | 69.5 % | 78.9 % |
Gearing | 42.3 % | 97.7 % | 64.6 % | 38.0 % | 25.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 2.0 | 2.4 | 3.3 | 4.7 |
Current ratio | 3.2 | 2.0 | 2.4 | 3.3 | 4.7 |
Cash and cash equivalents | 8.80 | 27.89 | 2.06 | 15.33 | 71.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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