FARSØ BAGERI 2013 ApS

CVR number: 35386610
Søndergade 20, 9640 Farsø

Credit rating

Company information

Official name
FARSØ BAGERI 2013 ApS
Personnel
31 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About the company

FARSØ BAGERI 2013 ApS (CVR number: 35386610) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 3817.8 kDKK in 2020. The operating profit was -647.2 kDKK, while net earnings were -669.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.3 %, which can be considered poor and Return on Equity (ROE) was -65.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FARSØ BAGERI 2013 ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017201820192020
Volume
Net sales
Gross profit3 177.283 129.923 320.593 856.983 817.76
EBIT- 158.00- 153.4812.6213.86- 647.19
Net earnings- 135.57- 129.400.85-57.42- 669.16
Shareholders equity total-18.09- 147.49- 146.65- 204.07- 873.23
Balance sheet total (assets)794.93613.25640.64920.431 133.37
Net debt- 181.9520.1323.16-2.39119.72
Profitability
EBIT-%
ROA-19.4 %-19.5 %1.9 %1.4 %-41.3 %
ROE-17.1 %-18.4 %0.1 %-7.4 %-65.2 %
ROI-1737.8 %-467.6 %26.5 %29.1 %-792.7 %
Economic value added (EVA)- 125.38- 111.3221.8622.83- 634.80
Solvency
Equity ratio-2.2 %-19.4 %-18.6 %-18.1 %-43.5 %
Gearing-50.2 %-38.3 %-37.6 %-19.6 %-14.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.50.50.3
Current ratio0.90.70.70.70.5
Cash and cash equivalents191.0436.4232.0042.443.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBC

Variable visualization

ROA:-41.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-43.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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