FirstFarms Hungary A/S

CVR number: 26156270
Majsmarken 1, 7190 Billund

Credit rating

Company information

Official name
FirstFarms Hungary A/S
Established
2001
Company form
Limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About the company

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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-20.11-19.05-27.21-11.86-1.19
EBIT-40.11-40.11-46.32-31.34-20.74
Net earnings9 972.934 471.97-10 703.95-5 425.34-2 968.28
Shareholders equity total16 244.2616 271.815 247.80-2 542.22-4 891.71
Balance sheet total (assets)54 672.2651 894.9442 702.3036 816.9636 934.54
Net debt38 415.6335 614.0437 438.7539 344.1641 810.54
Profitability
EBIT-%
ROA23.6 %10.0 %-18.8 %-8.7 %-1.3 %
ROE85.2 %27.5 %-99.5 %-25.8 %-8.0 %
ROI23.6 %10.0 %-18.8 %-8.7 %-1.3 %
Economic value added (EVA)1 328.931 839.641 856.471 390.251 409.63
Solvency
Equity ratio29.7 %31.4 %12.3 %-6.5 %-11.7 %
Gearing236.6 %218.9 %713.6 %-1547.9 %-854.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.90.61.9
Current ratio1.90.61.9
Cash and cash equivalents12.379.108.257.528.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.29%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

Build time: 2024-10-04T14:01:12.228Z

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