FARM INNOVATION ApS — Credit Rating and Financial Key Figures

CVR number: 31250471
Sanderumvej 16 B, Sanderum 5250 Odense SV
info@danishfarmdesign.dk
tel: 63157111

Credit rating

Company information

Official name
FARM INNOVATION ApS
Established
2008
Domicile
Sanderum
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About FARM INNOVATION ApS

FARM INNOVATION ApS (CVR number: 31250471) is a company from ODENSE. The company recorded a gross profit of -424.2 kDKK in 2024. The operating profit was -424.2 kDKK, while net earnings were -1068.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13 %, which can be considered poor and Return on Equity (ROE) was -191.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FARM INNOVATION ApS's liquidity measured by quick ratio was 8.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-20.26-26.81-10.08-2.35- 424.19
EBIT- 158.14- 164.70-10.08-2.35- 424.19
Net earnings- 197.54- 112.76-7.64-1.73-1 068.58
Shareholders equity total-2 043.77-2 156.53-2 164.17-2 165.90-3 234.48
Balance sheet total (assets)1 243.621 102.231 094.581 092.8524.28
Net debt3 275.393 220.903 230.653 227.383 232.98
Profitability
EBIT-%
ROA-4.9 %-5.0 %-0.3 %-0.1 %-13.0 %
ROE-15.4 %-9.6 %-0.7 %-0.2 %-191.3 %
ROI-4.9 %-5.0 %-0.3 %-0.1 %-13.0 %
Economic value added (EVA)-30.44-26.48102.67107.67- 190.91
Solvency
Equity ratio-13.1 %99.7 %99.7 %99.7 %87.6 %
Gearing-160.3 %-151.0 %-150.4 %-150.3 %-100.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.4226.1223.5224.78.1
Current ratio0.8367.4364.9364.38.1
Cash and cash equivalents0.0634.8625.1128.3722.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-13.0%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.6%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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