R2 Farver ApS — Credit Rating and Financial Key Figures

CVR number: 27178448
Falkevej 6, 8800 Viborg
info@r2farver.dk
tel: 86610100
www.r2.dk

Company information

Official name
R2 Farver ApS
Personnel
63 persons
Established
2003
Company form
Private limited company
Industry

About R2 Farver ApS

R2 Farver ApS (CVR number: 27178448) is a company from VIBORG. The company recorded a gross profit of 28.2 mDKK in 2023. The operating profit was 5670.7 kDKK, while net earnings were 5111.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.4 %, which can be considered excellent and Return on Equity (ROE) was 50.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.9 %, 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. R2 Farver ApS's liquidity measured by quick ratio was 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit31 711.3734 316.3635 700.2129 295.2428 206.12
EBIT5 936.557 022.484 020.602 685.365 670.75
Net earnings4 522.956 155.944 320.791 474.135 111.71
Shareholders equity total12 911.2712 339.6910 660.498 134.6212 246.34
Balance sheet total (assets)22 864.8128 325.4820 932.2017 081.2320 096.45
Net debt-1 091.11-3 525.65- 661.132 197.86- 992.18
Profitability
EBIT-%
ROA25.1 %31.1 %23.0 %15.3 %36.4 %
ROE31.8 %48.8 %37.6 %15.7 %50.2 %
ROI33.6 %51.7 %41.3 %22.3 %48.6 %
Economic value added (EVA)4 017.235 008.102 797.041 757.314 109.21
Solvency
Equity ratio56.5 %43.6 %50.9 %47.6 %60.9 %
Gearing19.8 %14.9 %23.4 %57.9 %21.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.41.41.21.8
Current ratio1.81.61.81.72.3
Cash and cash equivalents3 653.415 366.263 160.992 514.303 654.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:36.4%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.9%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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