Farlane Finance ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | |||
EBIT | -17.02 | -0.63 | -3.61 |
Net earnings | -17.30 | -6.02 | -3.83 |
Shareholders equity total | 22.70 | 16.68 | 12.85 |
Balance sheet total (assets) | 37.70 | 24.29 | 17.99 |
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) | -17.02 | 0.12 | -3.23 |
Solvency | |||
Equity ratio | 60.2 % | 68.7 % | 71.4 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.5 | 3.2 | 3.5 |
Current ratio | 2.5 | 3.2 | 3.5 |
Cash and cash equivalents | 37.70 | 24.29 | 17.99 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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