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FarrowTech ApS — Credit Rating and Financial Key Figures

CVR number: 36554290
Skjoldsbjergvej 1, Skjørring 8464 Galten
info@farrowtech.dk
www.farrowtech.dk
Free credit report Annual report

Income statement (kDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales
Gross profit244.1747.69-42.79-99.84-95.38
Employee benefit expenses- 112.45- 295.75-12.04
Total depreciation-2 128.42
EBIT131.72- 248.06-54.82-99.84-2 223.80
Other financial expenses-65.55-0.53-0.15-0.01
Pre-tax profit66.16- 248.59-54.97-99.84-2 223.81
Income taxes8.6431.59-11.9045.73302.07
Net earnings74.80- 217.01-66.87-54.11-1 921.74

Assets (kDKK)

2020
2021
2022
2023
2024
Development expenditure1 799.381 927.061 927.061 988.85
Intangible assets total1 799.381 927.061 927.061 988.85
Tangible assets total
Investments total
Long term receivables total
Raw materials and consumables130.10111.6346.3441.6141.61
Inventories total130.10111.6346.3441.6141.61
Current trade debtors0.3216.401.01
Current other receivables64.485.150.102.2524.93
Current deferred tax assets395.86159.7128.09
Short term receivables total460.66181.2728.192.2525.93
Cash and bank deposits97.0145.62224.67190.0136.52
Cash and cash equivalents97.0145.62224.67190.0136.52
Balance sheet total (assets)2 487.152 265.562 226.262 222.72104.07

Equity and liabilities (kDKK)

2020
2021
2022
2023
2024
Share capital60.0063.1163.1184.2084.20
Other reserves1 403.521 503.101 503.101 551.31
Retained earnings-1 011.82- 521.71- 738.72- 853.79643.40
Profit of the financial year74.80- 217.01-66.87-54.11-1 921.74
Shareholders equity total526.50827.49760.62727.61-1 194.13
Provisions370.93335.90347.81302.07
Capital loans1 000.001 000.001 000.001 000.00
Non-current owed to group member1 500.0050.00100.00151.66151.66
Non-current liabilities total1 500.001 050.001 100.001 151.661 151.66
Current trade creditors74.33
Current owed to participating54.40
Other non-interest bearing current liabilities89.7252.1717.8341.3817.81
Current liabilities total89.7252.1717.8341.38146.54
Balance sheet total (liabilities)2 487.152 265.562 226.262 222.72104.07
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