FirstFarms Hungary A/S — Credit Rating and Financial Key Figures

FirstFarms Hungary A/S (CVR number: 26156270) is a company from BILLUND. The company recorded a gross profit of -1.2 kDKK in 2023. The operating profit was -20.7 kDKK, while net earnings were -2968.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FirstFarms Hungary A/S's liquidity measured by quick ratio was 1.9 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.