Farmcdo ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Farmcdo ApS
Farmcdo ApS (CVR number: 40970703) is a company from VIBORG. The company recorded a gross profit of 31.8 kDKK in 2023. The operating profit was -65.3 kDKK, while net earnings were -63.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.5 %, which can be considered poor and Return on Equity (ROE) was -59.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63 %, 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. Farmcdo ApS's liquidity measured by quick ratio was 2.7 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 | 171.61 | 99.41 | 66.99 | 31.78 |
| EBIT | -38.30 | 98.19 | 66.99 | -65.33 |
| Net earnings | -30.37 | 76.32 | 51.71 | -63.21 |
| Shareholders equity total | 9.63 | 85.94 | 137.65 | 74.44 |
| Balance sheet total (assets) | 26.22 | 96.38 | 159.46 | 118.13 |
| Net debt | 0.06 | -45.41 | - 109.98 | -20.77 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -146.1 % | 160.2 % | 52.4 % | -45.5 % |
| ROE | -315.5 % | 159.7 % | 46.3 % | -59.6 % |
| ROI | -395.2 % | 205.3 % | 59.9 % | -59.5 % |
| Economic value added (EVA) | -29.94 | 76.18 | 50.15 | -66.72 |
| Solvency | ||||
| Equity ratio | 36.7 % | 89.2 % | 86.3 % | 63.0 % |
| Gearing | 0.7 % | |||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.6 | 9.2 | 22.4 | 2.7 |
| Current ratio | 1.6 | 9.2 | 22.4 | 2.7 |
| Cash and cash equivalents | 45.41 | 109.98 | 20.77 | |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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