Færch & Co. Ejendomme Aps — Credit Rating and Financial Key Figures

CVR number: 38847805
Halkjærvej 22, 9200 Aalborg SV
tel: 98186220

Company information

Official name
Færch & Co. Ejendomme Aps
Established
2017
Company form
Private limited company
Industry

About Færch & Co. Ejendomme Aps

Færch & Co. Ejendomme Aps (CVR number: 38847805) is a company from AALBORG. The company recorded a gross profit of 872.5 kDKK in 2023. The operating profit was 335.6 kDKK, while net earnings were -157.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -24.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Færch & Co. Ejendomme Aps's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit603.00603.01587.98550.35872.50
EBIT358.00358.24343.21303.99335.64
Net earnings136.00160.9586.1931.71- 157.30
Shareholders equity total60.00221.55307.74339.45953.12
Balance sheet total (assets)10 165.009 912.889 672.149 912.1615 340.32
Net debt9 781.009 445.859 119.739 315.5910 066.97
Profitability
EBIT-%
ROA3.3 %3.6 %3.5 %3.1 %2.7 %
ROE2.4 %114.3 %32.6 %9.8 %-24.3 %
ROI3.3 %3.6 %3.5 %3.1 %2.7 %
Economic value added (EVA)125.77114.82101.4076.11110.58
Solvency
Equity ratio0.6 %2.2 %3.2 %3.4 %6.2 %
Gearing16363.3 %4276.7 %2974.2 %2762.9 %1057.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents37.0029.1333.1563.1412.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.67%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.21%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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