FARMERS MARKET ApS — Credit Rating and Financial Key Figures

CVR number: 28301146
Litauen Alle 13, Høje Taastrup 2630 Taastrup

Credit rating

Company information

Official name
FARMERS MARKET ApS
Personnel
10 persons
Established
2004
Domicile
Høje Taastrup
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FARMERS MARKET ApS

FARMERS MARKET ApS (CVR number: 28301146) is a company from Høje-Taastrup. The company recorded a gross profit of 2011.8 kDKK in 2023. The operating profit was 248.1 kDKK, while net earnings were 66.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FARMERS MARKET ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit1 501.321 171.17269.242 233.052 011.75
EBIT- 213.71-71.92269.24273.12248.06
Net earnings- 227.55-63.65242.471 080.0866.83
Shareholders equity total372.54308.89551.351 627.361 891.02
Balance sheet total (assets)1 979.072 640.133 922.954 564.324 804.85
Net debt242.57163.67- 154.45142.39433.77
Profitability
EBIT-%
ROA-6.7 %-2.1 %12.1 %27.2 %6.9 %
ROE-46.8 %-18.7 %56.4 %99.1 %3.8 %
ROI-21.3 %-7.1 %57.1 %89.7 %15.6 %
Economic value added (EVA)- 250.95-78.52160.68209.54194.21
Solvency
Equity ratio18.8 %11.7 %14.1 %35.7 %39.4 %
Gearing73.4 %62.9 %26.5 %10.6 %22.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.91.11.0
Current ratio0.90.81.01.11.1
Cash and cash equivalents30.8230.77300.3430.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:6.93%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.4%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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