FARRE KAROSSERIFABRIK ApS — Credit Rating and Financial Key Figures

CVR number: 73146917
Gl Silkeborgvej 9, Farre 8472 Sporup
tel: 86968088
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Credit rating

Company information

Official name
FARRE KAROSSERIFABRIK ApS
Personnel
6 persons
Established
1982
Domicile
Farre
Company form
Private limited company
Industry

About FARRE KAROSSERIFABRIK ApS

FARRE KAROSSERIFABRIK ApS (CVR number: 73146917) is a company from FAVRSKOV. The company recorded a gross profit of 2337.9 kDKK in 2024. The operating profit was 160.7 kDKK, while net earnings were 35.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.9 %, 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. FARRE KAROSSERIFABRIK ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 325.952 596.252 952.032 490.572 337.87
EBIT914.74381.19677.33251.95160.72
Net earnings687.85540.80463.86100.0135.33
Shareholders equity total3 744.833 285.622 749.492 099.502 134.82
Balance sheet total (assets)8 198.406 812.406 572.245 390.675 789.54
Net debt2 614.652 364.152 756.222 341.222 501.10
Profitability
EBIT-%
ROA12.9 %10.0 %10.3 %4.2 %2.9 %
ROE20.2 %15.4 %15.4 %4.1 %1.7 %
ROI15.8 %11.7 %11.6 %4.7 %3.3 %
Economic value added (EVA)443.93-41.62225.35-99.14- 117.19
Solvency
Equity ratio45.7 %48.2 %41.8 %38.9 %36.9 %
Gearing70.3 %72.0 %100.2 %111.5 %117.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.61.10.60.7
Current ratio2.82.71.91.61.4
Cash and cash equivalents16.710.080.080.080.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:2.89%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.9%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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