FarrowTech ApS — Credit Rating and Financial Key Figures

FarrowTech ApS (CVR number: 36554290) is a company from SKANDERBORG. The company recorded a gross profit of -99.8 kDKK in 2023. The operating profit was -99.8 kDKK, while net earnings were -54.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.5 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FarrowTech ApS's liquidity measured by quick ratio was 4.6 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.