Fairway Group A/S — Credit Rating and Financial Key Figures

CVR number: 36689005
Center Boulevard 5, 2300 København S

Company information

Official name
Fairway Group A/S
Established
2015
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings73.15411.70642.72713.37- 101.29
Shareholders equity total2 926.142 337.842 980.563 693.933 592.64
Balance sheet total (assets)4 270.504 759.525 066.455 317.484 550.67
Net debt1 229.562 255.231 922.321 389.34828.08
Profitability
EBIT-%
ROA4.0 %13.0 %17.0 %19.0 %-0.2 %
ROE2.2 %15.6 %24.2 %21.4 %-2.8 %
ROI4.2 %13.3 %17.5 %19.7 %-0.2 %
Economic value added (EVA)- 194.98- 154.02- 124.33- 158.47- 192.71
Solvency
Equity ratio68.5 %49.1 %58.8 %69.5 %78.9 %
Gearing42.3 %97.7 %64.6 %38.0 %25.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.22.02.43.34.7
Current ratio3.22.02.43.34.7
Cash and cash equivalents8.8027.892.0615.3371.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-0.16%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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