Best Farm A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Best Farm A/S
Best Farm A/S (CVR number: 42760277) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 369.8 kDKK in 2024. The operating profit was -670.5 kDKK, while net earnings were -539.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -20.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Best Farm A/S's liquidity measured by quick ratio was 0.8 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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 850.01 | 695.84 | 369.83 |
EBIT | -1 774.56 | - 112.84 | - 670.50 |
Net earnings | -1 424.76 | - 196.59 | - 539.41 |
Shareholders equity total | -1 024.76 | -1 221.35 | -1 134.87 |
Balance sheet total (assets) | 1 851.89 | 1 312.14 | 3 872.83 |
Net debt | 2 570.67 | 2 235.88 | - 892.44 |
Profitability | |||
EBIT-% | |||
ROA | -61.7 % | -3.7 % | -17.2 % |
ROE | -76.9 % | -12.4 % | -20.8 % |
ROI | -68.9 % | -4.2 % | -34.5 % |
Economic value added (EVA) | -1 390.54 | - 167.47 | - 599.70 |
Solvency | |||
Equity ratio | -37.0 % | -48.2 % | -22.7 % |
Gearing | -250.9 % | -183.1 % | -23.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.3 | 0.1 | 0.8 |
Current ratio | 0.6 | 0.4 | 1.1 |
Cash and cash equivalents | 1 158.34 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | B |
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