FirstFarms Slovakia A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FirstFarms Slovakia A/S
FirstFarms Slovakia A/S (CVR number: 26753015) is a company from BILLUND. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -10.3 kDKK, while net earnings were 14.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 19.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FirstFarms Slovakia A/S's liquidity measured by quick ratio was 0.5 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 | -94.55 | -19.15 | -25.99 | -10.38 | |
EBIT | - 427.63 | -30.07 | -35.89 | -21.46 | -10.35 |
Net earnings | 16 083.75 | 16 107.50 | 6 955.13 | 11 662.34 | 14 489.99 |
Shareholders equity total | 31 919.08 | 47 583.29 | 53 899.92 | 69 964.77 | 80 582.39 |
Balance sheet total (assets) | 125 456.37 | 108 075.31 | 82 139.86 | 91 778.03 | 92 117.13 |
Net debt | 93 369.98 | 60 300.67 | 28 058.65 | 21 639.73 | 11 357.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.7 % | 13.8 % | 8.4 % | 14.5 % | 16.8 % |
ROE | 22.3 % | 40.5 % | 13.7 % | 18.8 % | 19.2 % |
ROI | 13.7 % | 13.8 % | 8.4 % | 14.5 % | 16.8 % |
Economic value added (EVA) | 3.19 | 4 180.94 | 4 951.21 | 2 315.96 | 2 489.04 |
Solvency | |||||
Equity ratio | 25.4 % | 44.0 % | 65.6 % | 76.2 % | 87.5 % |
Gearing | 292.5 % | 126.8 % | 52.1 % | 30.9 % | 14.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.3 | 15.5 | 0.5 | 0.4 | 0.5 |
Current ratio | 10.3 | 15.5 | 0.5 | 0.4 | 0.5 |
Cash and cash equivalents | 1.27 | 25.31 | 7.75 | 3.76 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.