Farmer-Light Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Farmer-Light Holding A/S
Farmer-Light Holding A/S (CVR number: 39369931) is a company from HERNING. The company recorded a gross profit of -32.2 kDKK in 2024. The operating profit was -736.7 kDKK, while net earnings were -568.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.2 %, which can be considered poor and Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Farmer-Light Holding A/S's liquidity measured by quick ratio was 7 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 | -1 101.94 | - 866.94 | -1 249.55 | - 504.33 | -32.19 |
EBIT | -1 728.05 | -1 508.99 | -1 888.09 | -1 220.23 | - 736.71 |
Net earnings | -1 401.17 | -1 228.29 | -1 511.30 | - 963.11 | - 568.27 |
Shareholders equity total | 7 899.61 | 6 671.32 | 5 160.01 | 4 196.90 | 3 628.64 |
Balance sheet total (assets) | 8 320.32 | 6 872.43 | 5 396.18 | 5 179.99 | 4 158.98 |
Net debt | -7 231.10 | -5 549.04 | -3 714.75 | -2 899.29 | -1 660.15 |
Profitability | |||||
EBIT-% | |||||
ROA | -19.5 % | -20.0 % | -30.9 % | -23.2 % | -15.2 % |
ROE | -16.3 % | -16.9 % | -25.5 % | -20.6 % | -14.5 % |
ROI | -19.9 % | -20.6 % | -31.8 % | -25.8 % | -17.0 % |
Economic value added (EVA) | -1 826.22 | -1 579.58 | -1 810.67 | -1 215.88 | - 795.75 |
Solvency | |||||
Equity ratio | 94.9 % | 97.1 % | 95.6 % | 81.0 % | 87.2 % |
Gearing | 1.1 % | 0.9 % | 0.8 % | 2.7 % | 11.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 18.7 | 32.1 | 21.2 | 4.8 | 7.0 |
Current ratio | 18.7 | 32.1 | 21.2 | 4.8 | 7.0 |
Cash and cash equivalents | 7 319.58 | 5 607.78 | 3 757.62 | 3 011.09 | 2 092.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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