AP Farming ApS — Credit Rating and Financial Key Figures

CVR number: 40218238
Markvangen 2 B, Gjesing 8963 Auning
brokhoej@gmail.com
tel: 51346004

Credit rating

Company information

Official name
AP Farming ApS
Personnel
1 person
Established
2019
Domicile
Gjesing
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About AP Farming ApS

AP Farming ApS (CVR number: 40218238) is a company from NORDDJURS. The company recorded a gross profit of 105.9 kDKK in 2023. The operating profit was 8.8 kDKK, while net earnings were 8.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 18.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AP Farming 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit168.36121.0082.83211.70105.88
EBIT97.3679.01-58.39-33.268.80
Net earnings67.6863.95-59.05-34.278.80
Shareholders equity total72.68136.6377.5843.3052.11
Balance sheet total (assets)141.00205.13148.45147.36107.55
Net debt-7.4817.58-28.21-50.92-4.90
Profitability
EBIT-%
ROA69.0 %45.7 %-33.0 %-22.5 %6.9 %
ROE93.1 %61.1 %-55.1 %-56.7 %18.5 %
ROI121.8 %62.1 %-45.2 %-44.1 %12.1 %
Economic value added (EVA)67.9464.06-64.23-35.4310.39
Solvency
Equity ratio51.5 %66.6 %52.3 %29.4 %48.4 %
Gearing10.0 %27.7 %7.8 %55.3 %50.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.50.71.01.2
Current ratio2.72.11.21.41.9
Cash and cash equivalents14.7420.3334.2574.8630.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.91%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.4%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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