Faerch A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Faerch A/S
Faerch A/S (CVR number: 13723540) is a company from HOLSTEBRO. The company reported a net sales of 1268.2 mDKK in 2019, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was at 20.9 % (EBIT: 265.5 mDKK), while net earnings were 1528.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 46.6 %, which can be considered excellent and Return on Equity (ROE) was 74.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.9 %, 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. Faerch A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 1 469.80 | 1 249.80 | 1 268.20 |
Gross profit | 404.00 | 375.50 | 430.70 |
EBIT | 216.10 | 181.80 | 265.50 |
Net earnings | 176.10 | 151.50 | 1 528.60 |
Shareholders equity total | 1 124.40 | 1 277.70 | 2 827.40 |
Balance sheet total (assets) | 1 814.30 | 2 752.90 | 4 355.30 |
Net debt | - 158.20 | 1 200.00 | 1 148.60 |
Profitability | |||
EBIT-% | 14.7 % | 14.5 % | 20.9 % |
ROA | 14.3 % | 10.0 % | 46.6 % |
ROE | 15.7 % | 12.6 % | 74.5 % |
ROI | 16.7 % | 11.2 % | 50.2 % |
Economic value added (EVA) | 161.94 | 113.74 | 150.64 |
Solvency | |||
Equity ratio | 62.0 % | 46.4 % | 64.9 % |
Gearing | 35.6 % | 94.3 % | 43.3 % |
Relative net indebtedness % | 7.0 % | 115.4 % | 112.2 % |
Liquidity | |||
Quick ratio | 1.9 | 1.5 | 2.4 |
Current ratio | 2.2 | 1.6 | 2.5 |
Cash and cash equivalents | 558.90 | 4.50 | 75.90 |
Capital use efficiency | |||
Trade debtors turnover (days) | 64.5 | 43.3 | 41.0 |
Net working capital % | 38.6 % | 57.6 % | 161.1 % |
Credit risk | |||
Credit rating | AAA | AAA | A |
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