FAVORIT MARKED A/S — Credit Rating and Financial Key Figures

CVR number: 17555340
Skanderborgvej 18-24, 8000 Aarhus C
tel: 86143594

Credit rating

Company information

Official name
FAVORIT MARKED A/S
Personnel
67 persons
Established
1994
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About FAVORIT MARKED A/S

FAVORIT MARKED A/S (CVR number: 17555340) is a company from AARHUS. The company recorded a gross profit of 14.9 mDKK in 2023. The operating profit was 8.4 kDKK, while net earnings were -394.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35 %, 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. FAVORIT MARKED A/S'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
20192020202120222023
Volume
Net sales
Gross profit16 220.1819 041.7419 250.1515 527.2314 925.15
EBIT579.833 234.353 074.55-42.568.44
Net earnings17.802 180.752 110.15- 353.21- 394.11
Shareholders equity total833.453 014.204 324.343 171.132 777.02
Balance sheet total (assets)14 119.8716 526.1714 908.6413 373.9713 352.69
Net debt4 219.53333.231 563.231 713.262 490.97
Profitability
EBIT-%
ROA4.2 %21.2 %19.8 %-0.2 %0.1 %
ROE2.2 %113.4 %57.5 %-9.4 %-13.3 %
ROI11.5 %59.6 %53.3 %-0.5 %0.2 %
Economic value added (EVA)399.392 485.362 347.29- 233.19- 120.34
Solvency
Equity ratio23.6 %32.2 %41.7 %37.9 %35.0 %
Gearing518.3 %77.6 %44.1 %74.3 %90.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.50.40.30.3
Current ratio0.81.01.21.11.0
Cash and cash equivalents100.162 005.88344.41643.9732.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:0.06%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.0%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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