FÅREVEJ 88 HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32161022
Fårevej 88, Bøvling 7650 Bøvlingbjerg

Company information

Official name
FÅREVEJ 88 HOLDING ApS
Established
2009
Domicile
Bøvling
Company form
Private limited company
Industry

About FÅREVEJ 88 HOLDING ApS

FÅREVEJ 88 HOLDING ApS (CVR number: 32161022) is a company from LEMVIG. The company recorded a gross profit of -17.5 kDKK in 2023. The operating profit was -20 kDKK, while net earnings were 6342.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.7 %, which can be considered excellent and Return on Equity (ROE) was 35.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FÅREVEJ 88 HOLDING ApS's liquidity measured by quick ratio was 9.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-19.65-19.35-8.10-19.35-17.48
EBIT-19.65-19.35-8.10-19.35-19.98
Net earnings1 530.632 626.912 104.48792.766 342.27
Shareholders equity total11 451.9713 778.8915 583.3715 176.1220 698.39
Balance sheet total (assets)11 489.3918 930.2215 614.3715 207.1220 729.39
Net debt- 364.524 566.54-2 038.20-1 761.22- 213.42
Profitability
EBIT-%
ROA14.0 %18.6 %12.7 %9.2 %35.7 %
ROE14.1 %20.8 %14.3 %5.2 %35.4 %
ROI14.1 %18.6 %12.7 %9.3 %35.8 %
Economic value added (EVA)293.07321.78-69.2526.707.00
Solvency
Equity ratio99.7 %72.8 %99.8 %99.8 %99.9 %
Gearing37.1 %
Relative net indebtedness %
Liquidity
Quick ratio13.10.866.463.19.3
Current ratio13.10.866.463.19.3
Cash and cash equivalents364.52547.802 038.201 761.22213.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:35.7%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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