F.A.R. Ejendom ApS — Credit Rating and Financial Key Figures

CVR number: 41473665
Bukkehavevej 8, Tåsinge 5700 Svendborg

Credit rating

Company information

Official name
F.A.R. Ejendom ApS
Established
2020
Domicile
Tåsinge
Company form
Private limited company
Industry

About F.A.R. Ejendom ApS

F.A.R. Ejendom ApS (CVR number: 41473665) is a company from SVENDBORG. The company recorded a gross profit of 35.4 kDKK in 2023. The operating profit was 9 kDKK, while net earnings were 24.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. F.A.R. Ejendom ApS's liquidity measured by quick ratio was 1.5 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
Volume
Net sales
Gross profit77.3092.5546.6635.41
EBIT62.8075.5326.479.03
Net earnings87.39116.881 397.6724.80
Shareholders equity total8 026.568 143.449 426.719 451.51
Balance sheet total (assets)16 203.7316 678.5312 637.8012 737.92
Net debt6 289.865 734.39- 450.52- 509.99
Profitability
EBIT-%
ROA1.4 %1.6 %13.5 %0.8 %
ROE1.1 %1.4 %15.9 %0.3 %
ROI1.5 %1.8 %16.6 %1.1 %
Economic value added (EVA)45.66- 633.31- 674.64- 445.50
Solvency
Equity ratio49.5 %48.8 %74.6 %74.2 %
Gearing83.5 %75.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.61.61.5
Current ratio0.60.61.61.5
Cash and cash equivalents415.44434.41450.52509.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBB

Variable visualization

ROA:0.82%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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