Færch & Co. Packaging ApS — Credit Rating and Financial Key Figures

CVR number: 39117789
Vestergade 42, 8600 Silkeborg

Credit rating

Company information

Official name
Færch & Co. Packaging ApS
Established
2017
Company form
Private limited company
Industry

About Færch & Co. Packaging ApS

Færch & Co. Packaging ApS (CVR number: 39117789) is a company from SILKEBORG. The company recorded a gross profit of -31.3 kDKK in 2023. The operating profit was -31.3 kDKK, while net earnings were -11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -11.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Færch & Co. Packaging ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-18.52-20.83-21.98-20.17-31.34
EBIT-18.52-20.83-21.98-20.17-31.34
Net earnings-9 569.09-5 382.76-11 186.05-19 960.57-11 162.52
Shareholders equity total131 102.36126 102.42115 351.6199 484.9987 809.32
Balance sheet total (assets)245 948.88230 900.95215 078.20200 633.60193 400.56
Net debt114 037.33104 749.2699 507.4590 922.9195 404.04
Profitability
EBIT-%
ROA-3.2 %-1.7 %-4.4 %-8.8 %-3.5 %
ROE-7.0 %-4.2 %-9.3 %-18.6 %-11.9 %
ROI-3.2 %-1.7 %-4.4 %-9.0 %-3.7 %
Economic value added (EVA)-87.84-86.91252.50636.911 451.61
Solvency
Equity ratio53.3 %54.6 %53.6 %49.6 %45.4 %
Gearing87.6 %83.1 %86.4 %91.5 %108.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.40.10.00.10.0
Current ratio4.40.10.00.10.0
Cash and cash equivalents802.9443.02212.90138.34177.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:-3.55%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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