Faerch A/S — Credit Rating and Financial Key Figures

CVR number: 13723540
Rasmus Færchs Vej 1, 7500 Holstebro
dk@faerch.com
tel: 99101099

Credit rating

Company information

Official name
Faerch A/S
Personnel
369 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
Volume
Net sales1 469.801 249.801 268.20
Gross profit404.00375.50430.70
EBIT216.10181.80265.50
Net earnings176.10151.501 528.60
Shareholders equity total1 124.401 277.702 827.40
Balance sheet total (assets)1 814.302 752.904 355.30
Net debt- 158.201 200.001 148.60
Profitability
EBIT-%14.7 %14.5 %20.9 %
ROA14.3 %10.0 %46.6 %
ROE15.7 %12.6 %74.5 %
ROI16.7 %11.2 %50.2 %
Economic value added (EVA)161.94113.74150.64
Solvency
Equity ratio62.0 %46.4 %64.9 %
Gearing35.6 %94.3 %43.3 %
Relative net indebtedness %7.0 %115.4 %112.2 %
Liquidity
Quick ratio1.91.52.4
Current ratio2.21.62.5
Cash and cash equivalents558.904.5075.90
Capital use efficiency
Trade debtors turnover (days)64.543.341.0
Net working capital %38.6 %57.6 %161.1 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:46.6%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer
Board member
Chief executive officer
Board member

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