FARSØ STOLEFABRIK ApS — Credit Rating and Financial Key Figures

CVR number: 16814806
Egevangen 11, 8900 Randers C
gerttjornum@gmail.com
tel: 40167800

Company information

Official name
FARSØ STOLEFABRIK ApS
Established
1993
Company form
Private limited company
Industry

About FARSØ STOLEFABRIK ApS

FARSØ STOLEFABRIK ApS (CVR number: 16814806) is a company from RANDERS. The company recorded a gross profit of -105.7 kDKK in 2023. The operating profit was -105.7 kDKK, while net earnings were 322 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FARSØ STOLEFABRIK ApS's liquidity measured by quick ratio was 236.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit46.534.81-15.23-27.01- 105.70
EBIT-22.594.81-15.23-27.01- 105.70
Net earnings432.781 184.831 318.272 631.07321.98
Shareholders equity total2 830.684 015.515 277.297 851.167 173.13
Balance sheet total (assets)4 593.484 715.575 879.167 974.627 180.13
Net debt-1 191.16- 150.56- 346.12-3 580.96-1 328.22
Profitability
EBIT-%
ROA11.3 %25.5 %24.9 %38.7 %4.3 %
ROE16.6 %34.6 %28.4 %40.1 %4.3 %
ROI19.0 %34.7 %28.4 %40.8 %4.3 %
Economic value added (EVA)133.11184.9496.19120.37- 317.79
Solvency
Equity ratio61.6 %85.2 %89.8 %98.5 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.81.62.434.0236.5
Current ratio0.81.62.434.0236.5
Cash and cash equivalents1 191.16150.56346.123 580.961 328.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.26%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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