FARVECOMPAGNIET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FARVECOMPAGNIET ApS
FARVECOMPAGNIET ApS (CVR number: 20403942) is a company from RANDERS. The company recorded a gross profit of 1005.6 kDKK in 2023. The operating profit was -326.5 kDKK, while net earnings were -271.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66 %, 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. FARVECOMPAGNIET 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 924.44 | 1 736.50 | 1 583.53 | 1 556.17 | 1 005.55 |
EBIT | 701.91 | 331.75 | 169.22 | 268.76 | - 326.50 |
Net earnings | 530.88 | 251.94 | 98.61 | 184.95 | - 271.65 |
Shareholders equity total | 2 973.91 | 2 725.85 | 2 574.47 | 2 759.42 | 2 487.77 |
Balance sheet total (assets) | 4 363.39 | 4 349.34 | 4 175.63 | 3 693.40 | 3 771.37 |
Net debt | - 561.63 | -27.92 | - 224.68 | 476.44 | 46.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.5 % | 7.7 % | 4.0 % | 6.9 % | -8.6 % |
ROE | 17.9 % | 8.8 % | 3.7 % | 6.9 % | -10.4 % |
ROI | 23.0 % | 10.3 % | 5.1 % | 8.1 % | -10.1 % |
Economic value added (EVA) | 401.16 | 145.08 | 15.36 | 121.04 | - 391.54 |
Solvency | |||||
Equity ratio | 68.2 % | 62.7 % | 61.7 % | 74.7 % | 66.0 % |
Gearing | 7.4 % | 21.8 % | 28.8 % | 21.1 % | 22.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.5 | 1.4 | 1.5 | 1.4 |
Current ratio | 2.8 | 2.4 | 2.4 | 3.4 | 2.5 |
Cash and cash equivalents | 780.69 | 622.83 | 965.72 | 107.02 | 515.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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