FAVRSKOV AFFALD A/S

CVR number: 32939449
Torvegade 7, 8450 Hammel
tel: 89645000

Credit rating

Company information

Official name
FAVRSKOV AFFALD A/S
Established
2010
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About FAVRSKOV AFFALD A/S

FAVRSKOV AFFALD A/S (CVR number: 32939449) is a company from FAVRSKOV. The company reported a net sales of 70.3 mDKK in 2023, demonstrating a growth of 11.5 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 1.3 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.5 %, 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. FAVRSKOV AFFALD A/S's liquidity measured by quick ratio was 0.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales50.5053.7255.0963.0670.32
Gross profit4.634.344.236.666.11
EBIT0.220.050.181.421.27
Net earnings
Shareholders equity total0.500.500.500.500.50
Balance sheet total (assets)36.7344.6965.3069.43100.04
Net debt5.238.0018.4912.8736.60
Profitability
EBIT-%0.4 %0.1 %0.3 %2.2 %1.8 %
ROA0.6 %0.2 %0.3 %2.5 %1.7 %
ROE
ROI0.7 %0.2 %0.4 %3.2 %2.3 %
Economic value added (EVA)0.13-0.07-0.170.210.38
Solvency
Equity ratio1.4 %1.1 %0.8 %0.7 %0.5 %
Gearing1046.4 %2274.0 %5798.6 %5339.0 %10855.4 %
Relative net indebtedness %33.3 %42.0 %65.4 %57.7 %90.0 %
Liquidity
Quick ratio1.01.51.31.10.5
Current ratio1.01.51.31.10.5
Cash and cash equivalents3.3710.5113.8317.68
Capital use efficiency
Trade debtors turnover (days)5.36.54.94.79.4
Net working capital %0.6 %7.7 %5.0 %3.2 %-37.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.66%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.50%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.