VOGNGÅRDEN EXPORT. FARSØ ApS — Credit Rating and Financial Key Figures

CVR number: 21385778
Farsøvej 179, Fredbjerg 9640 Farsø

Credit rating

Company information

Official name
VOGNGÅRDEN EXPORT. FARSØ ApS
Established
1999
Domicile
Fredbjerg
Company form
Private limited company
Industry

About VOGNGÅRDEN EXPORT. FARSØ ApS

VOGNGÅRDEN EXPORT. FARSØ ApS (CVR number: 21385778) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 530.9 kDKK in 2023. The operating profit was 246.2 kDKK, while net earnings were 135.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VOGNGÅRDEN EXPORT. FARSØ ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit409.26331.91305.67255.57530.93
EBIT66.7715.8635.1912.20246.18
Net earnings14.98-30.995.82-15.69135.69
Shareholders equity total884.96853.97859.79844.10979.79
Balance sheet total (assets)2 542.972 070.651 713.222 090.492 759.66
Net debt340.52463.9385.02- 527.32226.48
Profitability
EBIT-%
ROA2.6 %0.7 %1.9 %0.6 %10.2 %
ROE1.7 %-3.6 %0.7 %-1.8 %14.9 %
ROI3.2 %0.8 %2.0 %0.8 %12.7 %
Economic value added (EVA)9.509.788.68-4.63207.24
Solvency
Equity ratio34.8 %41.2 %50.2 %40.4 %35.5 %
Gearing132.0 %119.0 %75.5 %79.9 %123.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.71.00.6
Current ratio0.70.60.71.00.6
Cash and cash equivalents827.46552.08563.941 201.68983.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.5%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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