Økofarmen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Økofarmen ApS
Økofarmen ApS (CVR number: 40426493) is a company from NORDDJURS. The company recorded a gross profit of -19.8 kDKK in 2023. The operating profit was -19.8 kDKK, while net earnings were -31.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -40 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. Økofarmen ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 29.12 | 33.35 | 40.07 | -18.58 | -19.82 |
EBIT | 29.12 | 33.35 | 40.07 | -18.58 | -19.82 |
Net earnings | 19.74 | 18.45 | 26.55 | -18.88 | -31.93 |
Shareholders equity total | 69.74 | 88.19 | 114.75 | 95.87 | 63.94 |
Balance sheet total (assets) | 674.83 | 2 061.74 | 309.01 | 249.00 | 257.47 |
Net debt | 480.52 | 1 575.84 | 54.15 | - 176.52 | -92.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.3 % | 2.4 % | 3.4 % | -6.7 % | -7.8 % |
ROE | 28.3 % | 23.4 % | 26.2 % | -17.9 % | -40.0 % |
ROI | 4.4 % | 2.8 % | 4.3 % | -13.5 % | -23.2 % |
Economic value added (EVA) | 21.34 | 28.13 | 37.72 | -20.26 | -10.86 |
Solvency | |||||
Equity ratio | 10.3 % | 4.3 % | 37.1 % | 38.5 % | 24.8 % |
Gearing | 847.9 % | 1786.8 % | 47.2 % | 11.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.2 | 1.4 | 1.6 | 1.2 |
Current ratio | 1.1 | 1.1 | 1.6 | 1.6 | 1.3 |
Cash and cash equivalents | 110.80 | 187.57 | 92.03 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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