Farfars ApS — Credit Rating and Financial Key Figures

CVR number: 34736871
Skindergade 7, 1159 København K

Credit rating

Company information

Official name
Farfars ApS
Personnel
48 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon563020

About Farfars ApS

Farfars ApS (CVR number: 34736871) is a company from KØBENHAVN. The company recorded a gross profit of 8893.9 kDKK in 2024. The operating profit was 4330.9 kDKK, while net earnings were 4204.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.5 %, which can be considered excellent and Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.5 %, 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. Farfars ApS's liquidity measured by quick ratio was 3.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 879.283 688.546 007.547 659.978 893.91
EBIT324.272 037.603 148.083 931.434 330.91
Net earnings407.731 684.592 804.653 670.574 204.68
Shareholders equity total2 112.363 796.956 601.5910 272.1714 476.85
Balance sheet total (assets)3 047.076 420.1710 205.5615 109.2319 708.04
Net debt- 469.44- 583.52- 108.32689.431 299.27
Profitability
EBIT-%
ROA12.8 %46.2 %43.5 %37.3 %31.5 %
ROE15.3 %57.0 %53.9 %43.5 %34.0 %
ROI18.7 %67.5 %64.3 %51.8 %40.6 %
Economic value added (EVA)123.501 506.802 297.722 760.932 854.55
Solvency
Equity ratio69.3 %59.1 %64.7 %68.0 %73.5 %
Gearing0.0 %2.9 %5.7 %6.8 %9.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.12.52.73.4
Current ratio2.52.22.52.83.4
Cash and cash equivalents470.43691.91482.4511.3211.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:31.5%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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