FAURSKOV GODS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FAURSKOV GODS A/S
FAURSKOV GODS A/S (CVR number: 26751462) is a company from ASSENS. The company recorded a gross profit of 6114.3 kDKK in 2023. The operating profit was -1625.5 kDKK, while net earnings were 9391 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FAURSKOV GODS A/S's liquidity measured by quick ratio was 12.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 689.38 | -2 083.95 | 1 676.12 | 3 962.88 | 6 114.26 |
EBIT | -8 504.22 | -9 378.71 | -5 667.83 | -4 136.84 | -1 625.55 |
Net earnings | -12 172.72 | 4 432.47 | -10 571.81 | 5 055.95 | 9 391.00 |
Shareholders equity total | 169 848.80 | 174 281.27 | 161 835.94 | 166 663.09 | 175 680.23 |
Balance sheet total (assets) | 255 707.92 | 256 961.88 | 226 038.88 | 225 365.00 | 220 776.54 |
Net debt | 69 771.92 | 63 608.32 | 43 178.06 | 27 868.36 | -15 148.67 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.2 % | 2.0 % | 0.1 % | 5.2 % | 4.8 % |
ROE | -6.9 % | 2.6 % | -6.3 % | 3.1 % | 5.5 % |
ROI | -4.2 % | 2.0 % | 0.1 % | 5.3 % | 4.8 % |
Economic value added (EVA) | -14 715.09 | -15 261.47 | -12 865.73 | -12 328.72 | -9 887.33 |
Solvency | |||||
Equity ratio | 66.5 % | 68.0 % | 71.6 % | 74.0 % | 79.6 % |
Gearing | 48.4 % | 44.8 % | 35.8 % | 32.3 % | 23.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 1.1 | 1.9 | 12.8 |
Current ratio | 0.7 | 0.6 | 1.3 | 2.1 | 13.5 |
Cash and cash equivalents | 12 377.99 | 14 514.16 | 14 800.63 | 25 931.48 | 57 202.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | AAA |
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