Fårvang Blik ApS — Credit Rating and Financial Key Figures

CVR number: 80995016
Odinsvej 1, 8600 Silkeborg

Company information

Official name
Fårvang Blik ApS
Established
1977
Company form
Private limited company
Industry

About Fårvang Blik ApS

Fårvang Blik ApS (CVR number: 80995016) is a company from SILKEBORG. The company recorded a gross profit of 2727.1 kDKK in 2017. The operating profit was -503.3 kDKK, while net earnings were -400.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64.6 %, which can be considered poor and Return on Equity (ROE) was -103.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fårvang Blik ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit- 112.132 727.13
EBIT- 112.13- 503.26
Net earnings-86.72- 400.88
Shareholders equity total134.30- 266.58
Balance sheet total (assets)649.12641.34
Net debt-10.58- 363.30
Profitability
EBIT-%
ROA-17.1 %-64.6 %
ROE-64.6 %-103.4 %
ROI-82.7 %-749.4 %
Economic value added (EVA)-87.46- 406.79
Solvency
Equity ratio20.7 %-29.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.30.7
Current ratio1.30.7
Cash and cash equivalents10.58363.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBC

Variable visualization

ROA:-64.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-29.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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