Farming Fur Fashion ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Farming Fur Fashion ApS
Farming Fur Fashion ApS (CVR number: 41250844) is a company from VIBORG. The company recorded a gross profit of -32.1 kDKK in 2024. The operating profit was -55.7 kDKK, while net earnings were -42.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.8 %, which can be considered poor and Return on Equity (ROE) was -33.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Farming Fur Fashion ApS's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 137.57 | 160.45 | 188.50 | 105.18 | -32.06 |
EBIT | 137.57 | 127.93 | 188.50 | 5.18 | -55.69 |
Net earnings | 100.64 | 91.27 | 144.66 | 2.07 | -42.65 |
Shareholders equity total | 150.65 | 141.91 | 196.58 | 148.65 | 106.00 |
Balance sheet total (assets) | 667.04 | 279.17 | 347.97 | 303.38 | 190.58 |
Net debt | -1.34 | - 105.74 | - 101.11 | - 262.30 | - 164.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.6 % | 27.0 % | 60.1 % | 1.6 % | -21.8 % |
ROE | 66.8 % | 62.4 % | 85.5 % | 1.2 % | -33.5 % |
ROI | 91.3 % | 87.5 % | 109.7 % | 2.9 % | -41.5 % |
Economic value added (EVA) | 105.96 | 91.56 | 139.52 | -4.96 | -50.99 |
Solvency | |||||
Equity ratio | 22.6 % | 50.8 % | 56.5 % | 49.0 % | 55.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 1.0 | 1.4 | 1.8 | 2.3 |
Current ratio | 1.3 | 2.0 | 2.2 | 1.9 | 2.3 |
Cash and cash equivalents | 1.34 | 105.74 | 101.11 | 262.30 | 164.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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