FARVECENTER NORD A/S

CVR number: 28294395
Frederikshavnsvej 92, Hjørring 9800 Hjørring

Credit rating

Company information

Official name
FARVECENTER NORD A/S
Personnel
6 persons
Established
2004
Domicile
Hjørring
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FARVECENTER NORD A/S

FARVECENTER NORD A/S (CVR number: 28294395) is a company from HJØRRING. The company recorded a gross profit of 2775.6 kDKK in 2023. The operating profit was 151.8 kDKK, while net earnings were 26.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 43.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FARVECENTER NORD A/S's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 550.003 316.003 104.003 136.002 775.63
EBIT587.001 230.00809.00786.00151.81
Net earnings396.00913.00556.00541.0026.19
Shareholders equity total1 229.001 772.001 328.001 369.001 395.24
Balance sheet total (assets)2 478.003 404.003 382.004 024.003 181.81
Net debt41.00-46.00338.00866.001 099.99
Profitability
EBIT-%
ROA23.0 %42.4 %23.9 %21.3 %4.2 %
ROE38.4 %60.8 %35.9 %40.1 %1.9 %
ROI42.7 %79.8 %40.8 %32.6 %5.9 %
Economic value added (EVA)402.70889.22534.54568.2736.68
Solvency
Equity ratio49.6 %52.1 %39.3 %34.0 %43.9 %
Gearing3.5 %62.8 %90.2 %79.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.00.80.7
Current ratio2.01.91.51.31.4
Cash and cash equivalents2.0046.00496.00369.003.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.23%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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