FarmWarp ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FarmWarp ApS
FarmWarp ApS (CVR number: 42530425) is a company from FREDENSBORG. The company recorded a gross profit of -62.5 kDKK in 2024. The operating profit was -132.4 kDKK, while net earnings were -103.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.6 %, which can be considered poor and Return on Equity (ROE) was -94 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FarmWarp ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -28.76 | -32.68 | -62.49 |
EBIT | -88.47 | -62.20 | - 132.44 |
Net earnings | -69.25 | -48.54 | - 103.74 |
Shareholders equity total | 210.75 | 162.21 | 58.47 |
Balance sheet total (assets) | 295.31 | 254.75 | 149.10 |
Net debt | -79.50 | -44.88 | 70.64 |
Profitability | |||
EBIT-% | |||
ROA | -30.0 % | -22.6 % | -65.6 % |
ROE | -32.9 % | -26.0 % | -94.0 % |
ROI | -30.0 % | -22.8 % | -67.1 % |
Economic value added (EVA) | -69.01 | -63.35 | - 116.25 |
Solvency | |||
Equity ratio | 71.4 % | 63.7 % | 39.2 % |
Gearing | 40.1 % | 53.7 % | 148.9 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.7 | 2.3 | 1.4 |
Current ratio | 2.7 | 2.3 | 1.4 |
Cash and cash equivalents | 163.97 | 131.97 | 16.44 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | B | B |
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