Farmen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Farmen Holding ApS
Farmen Holding ApS (CVR number: 42169633) is a company from NORDFYNS. The company recorded a gross profit of -21.2 kDKK in 2024. The operating profit was -21.2 kDKK, while net earnings were 327.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.1 %, which can be considered excellent and Return on Equity (ROE) was 73.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.4 %, 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. Farmen Holding ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -5.67 | -10.00 | -8.59 | -21.16 |
EBIT | -5.67 | -10.00 | -8.59 | -21.16 |
Net earnings | -8.36 | 84.19 | 346.73 | 327.56 |
Shareholders equity total | 31.64 | 115.82 | 344.75 | 550.31 |
Balance sheet total (assets) | 233.99 | 333.64 | 658.18 | 992.65 |
Net debt | -33.99 | - 133.64 | -54.75 | 140.11 |
Profitability | ||||
EBIT-% | ||||
ROA | -2.4 % | 31.7 % | 71.9 % | 43.1 % |
ROE | -26.4 % | 114.2 % | 150.6 % | 73.2 % |
ROI | -17.9 % | 122.1 % | 93.3 % | 43.6 % |
Economic value added (EVA) | -5.67 | -11.59 | -14.41 | -53.73 |
Solvency | ||||
Equity ratio | 13.5 % | 34.7 % | 52.4 % | 55.4 % |
Gearing | 88.0 % | 78.6 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.2 | 0.6 | 1.1 | 1.5 |
Current ratio | 0.2 | 0.6 | 1.1 | 1.5 |
Cash and cash equivalents | 33.99 | 133.64 | 358.18 | 292.23 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BBB | BBB |
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