FARTSTRUP ApS — Credit Rating and Financial Key Figures

CVR number: 27633773
Albækvej 5, Albæk 9541 Suldrup
tel: 98686316

Company information

Official name
FARTSTRUP ApS
Personnel
1 person
Established
2004
Domicile
Albæk
Company form
Private limited company
Industry

About FARTSTRUP ApS

FARTSTRUP ApS (CVR number: 27633773) is a company from REBILD. The company recorded a gross profit of 551.4 kDKK in 2023. The operating profit was 21.9 kDKK, while net earnings were 14.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FARTSTRUP ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit438.61501.27560.44637.27551.43
EBIT72.43152.868.7591.1221.90
Net earnings47.15107.12-2.9367.2914.30
Shareholders equity total1 933.062 040.181 037.241 104.54918.83
Balance sheet total (assets)2 293.902 408.561 591.201 726.011 467.66
Net debt-1 020.26-1 362.32- 663.09- 817.06- 562.82
Profitability
EBIT-%
ROA3.1 %6.5 %0.5 %5.5 %1.5 %
ROE2.5 %5.4 %-0.2 %6.3 %1.4 %
ROI3.7 %7.6 %0.6 %8.5 %2.4 %
Economic value added (EVA)3.5971.07-25.0150.05-1.70
Solvency
Equity ratio84.3 %84.7 %65.2 %64.0 %62.6 %
Gearing2.1 %0.3 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.34.21.31.61.3
Current ratio4.35.11.82.01.9
Cash and cash equivalents1 061.281 368.38680.62817.06562.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:1.54%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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