Farlane Finance ApS — Credit Rating and Financial Key Figures

CVR number: 41830794
Tønsbergvej 132, Himmelev 4000 Roskilde

Credit rating

Company information

Official name
Farlane Finance ApS
Established
2020
Domicile
Himmelev
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About Farlane Finance ApS

Farlane Finance ApS (CVR number: 41830794) is a company from ROSKILDE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -3.6 kDKK, while net earnings were -3.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -26 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Farlane Finance ApS's liquidity measured by quick ratio was 3.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit
EBIT-17.02-0.63-3.61
Net earnings-17.30-6.02-3.83
Shareholders equity total22.7016.6812.85
Balance sheet total (assets)37.7024.2917.99
Net debt-37.70-24.29-17.99
Profitability
EBIT-%
ROA-45.1 %-2.0 %-17.1 %
ROE-76.2 %-30.6 %-26.0 %
ROI-75.0 %-3.2 %-24.4 %
Economic value added (EVA)-17.020.12-3.23
Solvency
Equity ratio60.2 %68.7 %71.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.53.23.5
Current ratio2.53.23.5
Cash and cash equivalents37.7024.2917.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-17.1%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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