T.B Farlov ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T.B Farlov ApS
T.B Farlov ApS (CVR number: 41576626) is a company from KØBENHAVN. The company recorded a gross profit of 193.1 kDKK in 2024. The operating profit was -24.2 kDKK, while net earnings were -54.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.2 %, which can be considered poor and Return on Equity (ROE) was -31.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. T.B Farlov ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 22.65 | 520.94 | 189.00 | 193.14 |
EBIT | -21.67 | -93.21 | 46.36 | -24.20 |
Net earnings | -18.78 | - 100.58 | 15.58 | -54.24 |
Shareholders equity total | 21.22 | -79.36 | -63.77 | - 118.01 |
Balance sheet total (assets) | 54.57 | 61.08 | 120.41 | 225.60 |
Net debt | 13.65 | -45.97 | -38.06 | 15.13 |
Profitability | ||||
EBIT-% | ||||
ROA | -39.7 % | -95.6 % | 28.6 % | -9.2 % |
ROE | -88.5 % | -244.4 % | 17.2 % | -31.3 % |
ROI | -61.6 % | -374.9 % | 107.3 % | -47.8 % |
Economic value added (EVA) | -17.26 | -99.10 | 36.17 | -17.59 |
Solvency | ||||
Equity ratio | 38.9 % | -56.5 % | -34.6 % | -34.3 % |
Gearing | 65.7 % | -18.3 % | -112.7 % | -24.9 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.6 | 0.4 | 0.7 | 0.7 |
Current ratio | 1.6 | 0.4 | 0.7 | 0.7 |
Cash and cash equivalents | 0.30 | 60.53 | 109.91 | 14.23 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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