FORUM MINKFARM A/S — Credit Rating and Financial Key Figures

CVR number: 87596419
Søndertoften 47, 6800 Varde
tel: 75167873
Free credit report Annual report

Company information

Official name
FORUM MINKFARM A/S
Established
1978
Company form
Limited company
Industry

About FORUM MINKFARM A/S

FORUM MINKFARM A/S (CVR number: 87596419) is a company from VARDE. The company recorded a gross profit of -4.9 kDKK in 2024. The operating profit was -4.9 kDKK, while net earnings were -14.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORUM MINKFARM A/S's liquidity measured by quick ratio was 59.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.87
EBIT-3.03-2.88-1.88-3.56-4.87
Net earnings16.2719.045.6911.83-14.75
Shareholders equity total311.17300.21305.90317.73302.98
Balance sheet total (assets)315.81304.85310.54322.37308.16
Net debt- 191.46- 186.85- 194.36- 210.13- 190.88
Profitability
EBIT-%
ROA6.7 %8.2 %2.4 %5.0 %-1.2 %
ROE5.4 %6.2 %1.9 %3.8 %-4.8 %
ROI7.2 %8.3 %2.4 %5.1 %-1.3 %
Economic value added (EVA)-17.09-17.80-16.55-18.04-19.53
Solvency
Equity ratio98.5 %98.5 %98.5 %98.6 %98.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio68.065.766.969.559.5
Current ratio68.065.766.969.559.5
Cash and cash equivalents191.46186.85194.36210.13190.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-1.24%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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