J S HANDEL FARSØ ApS — Credit Rating and Financial Key Figures

CVR number: 31172063
Granvænget 8, Strandby 9640 Farsø
T.FINK@OFIR.DK
tel: 60653234

Credit rating

Company information

Official name
J S HANDEL FARSØ ApS
Personnel
7 persons
Established
2008
Domicile
Strandby
Company form
Private limited company
Industry
  • Expand more icon468700

About J S HANDEL FARSØ ApS

J S HANDEL FARSØ ApS (CVR number: 31172063) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 6726.3 kDKK in 2024. The operating profit was 2472.5 kDKK, while net earnings were 1543.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 68.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. J S HANDEL FARSØ ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 801.8512 134.048 767.794 933.236 726.27
EBIT3 439.189 258.575 020.99553.752 472.53
Net earnings2 579.517 243.904 063.77530.771 543.65
Shareholders equity total2 788.737 632.634 696.411 727.182 770.83
Balance sheet total (assets)11 405.2917 377.0618 842.1618 978.5918 309.85
Net debt5 433.005 510.389 529.3914 583.258 487.84
Profitability
EBIT-%
ROA35.9 %65.0 %26.7 %1.5 %13.8 %
ROE114.7 %139.0 %65.9 %16.5 %68.6 %
ROI40.8 %76.1 %34.3 %6.4 %15.1 %
Economic value added (EVA)2 402.596 844.613 383.35139.981 881.50
Solvency
Equity ratio24.5 %43.9 %24.9 %9.1 %15.1 %
Gearing196.4 %72.8 %231.1 %848.4 %472.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.20.60.10.4
Current ratio3.93.81.30.80.9
Cash and cash equivalents44.8749.241 324.3170.644 599.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.1%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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