Farmer-Light Pigs A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Farmer-Light Pigs A/S
Farmer-Light Pigs A/S (CVR number: 40815635) is a company from HERNING. The company recorded a gross profit of -10.8 kDKK in 2023. The operating profit was -10.8 kDKK, while net earnings were -8.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Farmer-Light Pigs A/S's liquidity measured by quick ratio was 57.7 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -19.36 | -10.60 | -10.60 | -10.76 |
EBIT | -19.36 | -10.60 | -10.60 | -10.76 |
Net earnings | -16.21 | -10.61 | -10.33 | -8.38 |
Shareholders equity total | 383.80 | 373.18 | 362.85 | 354.47 |
Balance sheet total (assets) | 390.04 | 379.43 | 369.11 | 360.72 |
Net debt | - 382.38 | - 365.87 | - 352.62 | - 346.59 |
Profitability | ||||
EBIT-% | ||||
ROA | -5.0 % | -2.8 % | -2.8 % | -2.9 % |
ROE | -4.2 % | -2.8 % | -2.8 % | -2.3 % |
ROI | -5.0 % | -2.8 % | -2.9 % | -3.0 % |
Economic value added (EVA) | -15.09 | -8.33 | -8.63 | -8.90 |
Solvency | ||||
Equity ratio | 98.4 % | 98.4 % | 98.3 % | 98.3 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 62.4 | 60.7 | 59.1 | 57.7 |
Current ratio | 62.4 | 60.7 | 59.1 | 57.7 |
Cash and cash equivalents | 382.38 | 365.87 | 352.62 | 346.59 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | B | B |
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