FARNELL DANMARK A/S — Credit Rating and Financial Key Figures

FARNELL DANMARK A/S (CVR number: 13919941) is a company from HERLEV. The company reported a net sales of 119.2 mDKK in 2023, demonstrating a decline of -13.3 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 3.4 mDKK), while net earnings were 3321 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66 %, 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. FARNELL DANMARK A/S's liquidity measured by quick ratio was 2.9 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.