Søndergade 88 Farsø ApS — Credit Rating and Financial Key Figures

CVR number: 40745009
Fuglevænget 13 A, Mønsted 8800 Viborg

Credit rating

Company information

Official name
Søndergade 88 Farsø ApS
Established
2019
Domicile
Mønsted
Company form
Private limited company
Industry

About Søndergade 88 Farsø ApS

Søndergade 88 Farsø ApS (CVR number: 40745009) is a company from VIBORG. The company recorded a gross profit of 96.4 kDKK in 2024. The operating profit was 27 kDKK, while net earnings were 0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 9.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Søndergade 88 Farsø ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-3.2774.39127.70174.2996.37
EBIT-29.9229.1767.70114.2927.05
Net earnings-42.843.5332.6970.860.82
Shareholders equity total32.1635.6968.38139.23140.06
Balance sheet total (assets)1 396.211 527.361 488.521 474.521 439.70
Net debt1 340.271 480.881 309.091 213.071 189.43
Profitability
EBIT-%
ROA-2.1 %2.2 %4.7 %7.8 %1.9 %
ROE-133.2 %10.4 %62.8 %68.3 %0.6 %
ROI-2.2 %2.2 %4.7 %8.1 %1.9 %
Economic value added (EVA)-23.3428.2451.0590.7921.67
Solvency
Equity ratio2.3 %2.3 %4.6 %9.5 %9.7 %
Gearing4210.2 %4151.5 %2062.4 %894.4 %907.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents13.780.79101.0532.2281.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.86%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.73%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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