Farfars Køkken IVS — Credit Rating and Financial Key Figures

Farfars Køkken IVS (CVR number: 39797275) is a company from SØNDERBORG. The company reported a net sales of 0.5 mDKK in 2019. The operating profit percentage was poor at -11.4 % (EBIT: -0.1 mDKK), while net earnings were -46.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24 %, which can be considered poor and Return on Equity (ROE) was -24.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Farfars Køkken IVS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.