FARMER PRODUCTS ApS — Credit Rating and Financial Key Figures

CVR number: 33243170
Granlidevej 22, 9600 Aars
knud@techno-matic.dk
tel: 96987744

Credit rating

Company information

Official name
FARMER PRODUCTS ApS
Established
2010
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About FARMER PRODUCTS ApS

FARMER PRODUCTS ApS (CVR number: 33243170) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -4.7 kDKK in 2023. The operating profit was -4.7 kDKK, while net earnings were -3.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FARMER PRODUCTS ApS's liquidity measured by quick ratio was 2.9 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 profit20.706.0421.8630.94-4.72
EBIT20.706.0421.8630.94-4.72
Net earnings18.334.6916.9924.13-3.47
Shareholders equity total168.71173.40190.39114.52111.04
Balance sheet total (assets)192.19185.16230.65137.90130.81
Net debt-1.38-11.38-0.29-0.68-0.83
Profitability
EBIT-%
ROA11.1 %3.2 %10.5 %16.8 %-3.3 %
ROE11.5 %2.7 %9.3 %15.8 %-3.1 %
ROI12.7 %3.5 %12.0 %20.3 %-3.9 %
Economic value added (EVA)10.82-3.708.9114.58-10.44
Solvency
Equity ratio87.8 %93.6 %82.5 %83.0 %84.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.812.34.22.22.9
Current ratio8.215.75.75.96.6
Cash and cash equivalents1.3811.380.290.680.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-3.30%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.9%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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