FARNELL DANMARK A/S

CVR number: 13919941
Lyskær 9, 2730 Herlev
tel: 44536644

Credit rating

Company information

Official name
FARNELL DANMARK A/S
Personnel
8 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FARNELL DANMARK A/S

FARNELL DANMARK A/S (CVR number: 13919941) is a company from HERLEV. The company reported a net sales of 137.5 mDKK in 2022, demonstrating a growth of 5.7 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 3.7 mDKK), while net earnings were 3093 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.9 %, 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. FARNELL DANMARK A/S's liquidity measured by quick ratio was 2.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20182019202020212022
Volume
Net sales118.55110.27104.95130.06137.50
Gross profit9.0710.098.6110.549.07
EBIT2.603.812.764.213.69
Net earnings1.993.012.113.403.09
Shareholders equity total18.8121.0423.6726.8728.74
Balance sheet total (assets)36.6639.3843.0946.9948.00
Net debt-12.334.621.807.728.17
Profitability
EBIT-%2.2 %3.5 %2.6 %3.2 %2.7 %
ROA7.4 %10.3 %6.8 %9.7 %9.4 %
ROE11.1 %15.1 %9.4 %13.4 %11.1 %
ROI9.6 %13.3 %8.9 %12.2 %11.1 %
Economic value added (EVA)2.073.151.292.461.45
Solvency
Equity ratio51.3 %53.4 %54.9 %57.2 %59.9 %
Gearing47.5 %46.8 %37.6 %45.8 %43.1 %
Relative net indebtedness %-2.9 %11.9 %11.8 %11.9 %10.9 %
Liquidity
Quick ratio2.02.12.22.32.5
Current ratio2.02.12.22.32.5
Cash and cash equivalents21.275.227.094.594.22
Capital use efficiency
Trade debtors turnover (days)46.235.452.454.052.9
Net working capital %15.7 %18.8 %22.3 %20.7 %20.9 %
Credit risk
Credit ratingBBBAABBBBB

Variable visualization

ROA:9.38%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.9%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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