FARMISAN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FARMISAN ApS
FARMISAN ApS (CVR number: 19659593) is a company from HØRSHOLM. The company recorded a gross profit of 593.9 kDKK in 2023. The operating profit was -195.2 kDKK, while net earnings were -213 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor and Return on Equity (ROE) was -12.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FARMISAN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 168.50 | 384.66 | 500.72 | 658.74 | 593.87 |
EBIT | - 172.86 | 375.92 | 500.72 | 411.01 | - 195.22 |
Net earnings | - 212.03 | 378.61 | 460.73 | 110.27 | - 213.03 |
Shareholders equity total | -1 934.30 | -1 555.68 | -1 094.95 | - 984.68 | -1 197.72 |
Balance sheet total (assets) | 450.24 | 920.76 | 1 629.26 | 1 774.37 | 1 565.52 |
Net debt | 2 217.49 | 2 262.13 | 1 673.24 | 1 538.16 | 1 704.97 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.3 % | 17.1 % | 19.3 % | 23.9 % | -7.1 % |
ROE | -42.2 % | 55.2 % | 36.1 % | 6.5 % | -12.8 % |
ROI | -7.5 % | 17.4 % | 23.5 % | 8.4 % | -8.9 % |
Economic value added (EVA) | -79.54 | 479.78 | 587.47 | 474.62 | - 141.07 |
Solvency | |||||
Equity ratio | -81.1 % | -62.8 % | -40.2 % | -35.7 % | -43.3 % |
Gearing | -121.5 % | -156.4 % | -168.4 % | -165.6 % | -153.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.2 | 0.6 | 0.8 | 0.6 |
Current ratio | 0.1 | 0.4 | 0.9 | 1.1 | 0.9 |
Cash and cash equivalents | 132.59 | 170.64 | 170.98 | 92.89 | 131.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BB |
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