Ferm Huse ApS — Credit Rating and Financial Key Figures

CVR number: 37452858
Tyrsigvej 26, 9870 Sindal
morten-oerris@hotmail.com

Company information

Official name
Ferm Huse ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Ferm Huse ApS

Ferm Huse ApS (CVR number: 37452858) is a company from HJØRRING. The company recorded a gross profit of 288.3 kDKK in 2023. The operating profit was 24.9 kDKK, while net earnings were -16.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.6 %, 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. Ferm Huse ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit176.14332.10772.41500.94288.29
EBIT- 111.48- 423.52496.56244.8424.89
Net earnings- 140.45- 342.06355.34155.58-16.11
Shareholders equity total-68.45- 410.51-55.18100.4084.30
Balance sheet total (assets)2 573.471 585.87850.481 038.77539.34
Net debt- 752.151 407.65- 650.79208.69- 363.41
Profitability
EBIT-%
ROA-5.1 %-18.3 %34.2 %25.2 %3.2 %
ROE-10.6 %-16.4 %29.2 %32.7 %-17.4 %
ROI-15.2 %-60.2 %70.6 %81.5 %7.3 %
Economic value added (EVA)-89.14- 289.13407.95225.8527.21
Solvency
Equity ratio-2.6 %-20.6 %-6.1 %9.7 %15.6 %
Gearing-342.9 %498.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.70.81.00.9
Current ratio1.00.70.81.00.9
Cash and cash equivalents752.15650.79291.92363.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:3.15%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.6%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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