Farms Kitcen ApS — Credit Rating and Financial Key Figures

CVR number: 38568531
Jernbanevej 57, 2600 Glostrup
sw@mikenta.dk
tel: 40960825
www.farmskitchen.dk

Credit rating

Company information

Official name
Farms Kitcen ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About Farms Kitcen ApS

Farms Kitcen ApS (CVR number: 38568531) is a company from GLOSTRUP. The company recorded a gross profit of 2558.6 kDKK in 2023. The operating profit was 655.8 kDKK, while net earnings were 503.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60 %, which can be considered excellent and Return on Equity (ROE) was 133.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, 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. Farms Kitcen ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 116.921 141.081 755.371 440.192 558.62
EBIT-91.45311.80422.86190.59655.77
Net earnings-88.18192.15331.00136.86503.44
Shareholders equity total71.44263.59409.58196.45559.88
Balance sheet total (assets)453.431 114.15902.52716.351 472.42
Net debt-77.5791.48- 322.10-17.17- 818.11
Profitability
EBIT-%
ROA-13.9 %39.8 %41.9 %23.5 %60.0 %
ROE-76.3 %114.7 %98.3 %45.2 %133.1 %
ROI-19.4 %77.8 %81.4 %44.3 %106.2 %
Economic value added (EVA)-75.88201.70330.40144.33511.74
Solvency
Equity ratio15.8 %23.7 %45.4 %27.4 %38.0 %
Gearing162.6 %111.0 %3.7 %103.1 %44.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.70.51.2
Current ratio0.80.70.70.51.2
Cash and cash equivalents193.71201.22337.23219.701 068.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:60.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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