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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 -11.5 kDKK in 2024. The operating profit was -11.5 kDKK, while net earnings were -82.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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 3.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -10.40 | -10.81 | -12.01 | -11.78 | -11.46 |
| EBIT | -10.40 | -10.81 | -12.01 | -11.78 | -11.46 |
| Net earnings | 411.70 | 642.72 | 713.37 | - 101.29 | -82.22 |
| Shareholders equity total | 2 337.84 | 2 980.56 | 3 693.93 | 3 592.64 | 3 510.42 |
| Balance sheet total (assets) | 4 759.52 | 5 066.45 | 5 317.48 | 4 550.67 | 4 753.69 |
| Net debt | 2 255.23 | 1 922.32 | 1 389.34 | 828.08 | 933.92 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 13.0 % | 17.0 % | 19.0 % | -0.2 % | -1.1 % |
| ROE | 15.6 % | 24.2 % | 21.4 % | -2.8 % | -2.3 % |
| ROI | 13.3 % | 17.5 % | 19.7 % | -0.2 % | -1.1 % |
| Economic value added (EVA) | - 217.20 | - 240.96 | - 255.77 | - 264.57 | - 235.28 |
| Solvency | |||||
| Equity ratio | 49.1 % | 58.8 % | 69.5 % | 78.9 % | 73.8 % |
| Gearing | 97.7 % | 64.6 % | 38.0 % | 25.0 % | 27.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 2.4 | 3.3 | 4.7 | 3.8 |
| Current ratio | 2.0 | 2.4 | 3.3 | 4.7 | 3.8 |
| Cash and cash equivalents | 27.89 | 2.06 | 15.33 | 71.08 | 14.84 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BB |
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