Farsø Maskinhandel A/S — Credit Rating and Financial Key Figures

CVR number: 37832537
Nibevej 116, 9640 Farsø
fa@finnaagesen.dk
tel: 98633222
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Company information

Official name
Farsø Maskinhandel A/S
Personnel
1 person
Established
2016
Company form
Limited company
Industry

About Farsø Maskinhandel A/S

Farsø Maskinhandel A/S (CVR number: 37832537) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 476.6 kDKK in 2024. The operating profit was 138.4 kDKK, while net earnings were 327.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Farsø Maskinhandel A/S's liquidity measured by quick ratio was 9.5 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit875.87834.0726.51362.86476.64
EBIT306.94230.53- 236.0025.47138.36
Net earnings295.96151.33- 251.69224.57327.59
Shareholders equity total4 255.234 110.603 707.583 932.154 035.17
Balance sheet total (assets)4 725.024 890.384 394.144 419.284 516.85
Net debt-2 256.68-1 556.40-2 594.08-2 899.00-2 959.22
Profitability
EBIT-%
ROA7.9 %4.8 %-1.6 %5.1 %9.1 %
ROE6.8 %3.6 %-6.4 %5.9 %8.2 %
ROI8.2 %5.1 %-1.7 %5.4 %9.5 %
Economic value added (EVA)-2.04-47.50- 475.49- 179.62- 104.96
Solvency
Equity ratio90.1 %84.1 %84.4 %89.0 %89.3 %
Gearing2.2 %11.9 %6.3 %6.0 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio9.14.65.59.69.5
Current ratio12.46.66.911.011.4
Cash and cash equivalents2 349.732 043.962 826.253 133.663 027.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:9.10%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.3%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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