Farmen / The Exploratory Research Laboratory ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Farmen / The Exploratory Research Laboratory ApS
Farmen / The Exploratory Research Laboratory ApS (CVR number: 38819569) is a company from FREDERIKSHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -108.5 kDKK, while net earnings were -108.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -77.5 %, which can be considered poor and Return on Equity (ROE) was -198.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Farmen / The Exploratory Research Laboratory ApS'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 | -11.97 | ||||
EBIT | -11.97 | 55.30 | -72.43 | 29.95 | - 108.55 |
Net earnings | -12.00 | 44.38 | -72.99 | 29.63 | - 108.55 |
Shareholders equity total | 41.22 | 85.60 | 12.61 | 33.88 | -66.31 |
Balance sheet total (assets) | 221.16 | 249.03 | 194.10 | 138.47 | 75.33 |
Net debt | 141.35 | 65.84 | -56.39 | -87.35 | 75.35 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.1 % | 23.5 % | -32.7 % | 18.0 % | -77.5 % |
ROE | -25.6 % | 70.0 % | -148.6 % | 127.5 % | -198.8 % |
ROI | -10.2 % | 31.2 % | -60.5 % | 42.7 % | -146.0 % |
Economic value added (EVA) | -12.95 | 42.65 | -75.68 | 34.89 | - 103.87 |
Solvency | |||||
Equity ratio | 18.6 % | 34.4 % | 6.5 % | 24.5 % | -46.8 % |
Gearing | 342.9 % | 101.3 % | 431.7 % | 116.5 % | -113.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 1.1 | 1.3 | 0.5 |
Current ratio | 0.5 | 0.7 | 1.1 | 1.3 | 0.5 |
Cash and cash equivalents | 20.86 | 110.82 | 126.82 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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