SURFFARM ApS — Credit Rating and Financial Key Figures

CVR number: 35829121
Søndervig Landevej 3, Holmsland 6950 Ringkøbing
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Company information

Official name
SURFFARM ApS
Personnel
1 person
Established
2014
Domicile
Holmsland
Company form
Private limited company
Industry

About SURFFARM ApS

SURFFARM ApS (CVR number: 35829121) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 167 kDKK in 2024. The operating profit was -11.5 kDKK, while net earnings were -11.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -15.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SURFFARM ApS's liquidity measured by quick ratio was 2.2 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 profit275.00261.00248.62222.62167.04
EBIT25.0025.00-0.348.91-11.52
Net earnings22.0019.00-4.255.68-11.37
Shareholders equity total59.0077.0072.3677.8266.45
Balance sheet total (assets)257.00162.00173.24180.48121.36
Net debt- 249.00- 140.00- 163.95- 162.59- 118.16
Profitability
EBIT-%
ROA12.3 %11.9 %-0.2 %5.0 %-7.6 %
ROE45.8 %27.9 %-5.7 %7.6 %-15.8 %
ROI48.1 %36.8 %-0.5 %11.9 %-16.0 %
Economic value added (EVA)21.6516.83-4.143.39-12.90
Solvency
Equity ratio23.0 %47.5 %41.8 %43.1 %54.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.31.91.71.82.2
Current ratio1.31.91.71.82.2
Cash and cash equivalents249.00140.00163.95162.59118.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-7.63%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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