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 -19.3 kDKK in 2024. The operating profit was -19.3 kDKK, while net earnings were 5958.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.3 %, 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -19.15 | -25.99 | -10.38 | -19.35 | |
EBIT | -30.07 | -35.89 | -21.46 | -10.35 | -19.35 |
Net earnings | 16 107.50 | 6 955.13 | 11 662.34 | 10 282.29 | 5 958.29 |
Shareholders equity total | 47 583.29 | 53 899.92 | 69 964.77 | 52 237.33 | 58 195.61 |
Balance sheet total (assets) | 108 075.31 | 82 139.86 | 91 778.03 | 63 772.07 | 63 771.47 |
Net debt | 60 300.67 | 28 058.65 | 21 639.73 | 11 357.44 | 5 399.15 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.8 % | 8.4 % | 14.5 % | 14.4 % | 10.2 % |
ROE | 40.5 % | 13.7 % | 18.8 % | 16.8 % | 10.8 % |
ROI | 13.8 % | 8.4 % | 14.5 % | 14.4 % | 10.2 % |
Economic value added (EVA) | -6 325.90 | -5 458.33 | -4 140.27 | -4 613.47 | -3 215.18 |
Solvency | |||||
Equity ratio | 44.0 % | 65.6 % | 76.2 % | 81.9 % | 91.3 % |
Gearing | 126.8 % | 52.1 % | 30.9 % | 21.7 % | 9.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 15.5 | 0.5 | 0.4 | 0.5 | 0.5 |
Current ratio | 15.5 | 0.5 | 0.4 | 0.5 | 0.5 |
Cash and cash equivalents | 25.31 | 7.75 | 3.76 | 3.17 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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