FARRE GROVFODER FORSYNING A.M.B.A. — Credit Rating and Financial Key Figures

CVR number: 19298876
Lyngvejen 1, Karlskov 7323 Give

Credit rating

Company information

Official name
FARRE GROVFODER FORSYNING A.M.B.A.
Established
1996
Domicile
Karlskov
Industry

About FARRE GROVFODER FORSYNING A.M.B.A.

FARRE GROVFODER FORSYNING A.M.B.A. (CVR number: 19298876) is a company from VEJLE. The company recorded a gross profit of 312.8 kDKK in 2024. The operating profit was 254.3 kDKK, while net earnings were -140.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.9 %, 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. FARRE GROVFODER FORSYNING A.M.B.A.'s liquidity measured by quick ratio was 0.6 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 profit750.91845.97887.11594.20312.78
EBIT281.59383.90457.67506.04254.34
Net earnings-78.214.9335.3829.49- 140.54
Shareholders equity total1 580.641 622.071 657.451 686.941 567.35
Balance sheet total (assets)9 777.029 488.9911 471.287 751.769 288.80
Net debt3 107.031 615.241 803.372 820.304 551.07
Profitability
EBIT-%
ROA2.9 %4.0 %4.4 %5.3 %3.1 %
ROE-4.8 %0.3 %2.2 %1.8 %-8.6 %
ROI5.9 %8.5 %12.3 %11.9 %4.7 %
Economic value added (EVA)136.47152.64265.57295.33113.26
Solvency
Equity ratio16.2 %17.1 %14.4 %21.8 %16.9 %
Gearing196.6 %99.6 %108.8 %167.2 %290.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.60.40.6
Current ratio1.11.11.11.11.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:3.08%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.9%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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