FÆRM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FÆRM ApS
FÆRM ApS (CVR number: 42346993) is a company from KØBENHAVN. The company recorded a gross profit of -895.1 kDKK in 2023. The operating profit was -4302.3 kDKK, while net earnings were -4079.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.6 %, which can be considered poor and Return on Equity (ROE) was -68.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FÆRM ApS's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 7.56 | 9.95 | - 895.08 |
EBIT | -1 222.46 | -1 817.29 | -4 302.32 |
Net earnings | -1 370.41 | -1 766.23 | -4 079.76 |
Shareholders equity total | -1 330.41 | -2 048.82 | -6 159.83 |
Balance sheet total (assets) | 746.04 | 4 674.43 | 7 307.98 |
Net debt | 1 469.72 | 1 981.78 | 5 775.88 |
Profitability | |||
EBIT-% | |||
ROA | -58.9 % | -41.3 % | -42.6 % |
ROE | -183.7 % | -65.2 % | -68.1 % |
ROI | -61.1 % | -44.8 % | -46.6 % |
Economic value added (EVA) | -1 222.46 | -1 439.57 | -3 746.66 |
Solvency | |||
Equity ratio | -64.1 % | -30.5 % | -45.7 % |
Gearing | -150.4 % | -298.4 % | -200.3 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.3 | 2.8 | 3.2 |
Current ratio | 0.3 | 2.8 | 3.2 |
Cash and cash equivalents | 530.89 | 4 131.12 | 6 563.48 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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