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FARMER JONES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FARMER JONES A/S
FARMER JONES A/S (CVR number: 55444811) is a company from HOLBÆK. The company recorded a gross profit of -970.1 kDKK in 2024. The operating profit was -1210.3 kDKK, while net earnings were 1314.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FARMER JONES A/S's liquidity measured by quick ratio was 8.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 103.00 | - 493.00 | -3 729.11 | -3 729.11 | - 970.12 |
| EBIT | - 348.00 | - 779.00 | -4 237.13 | -4 237.13 | -1 210.33 |
| Net earnings | 1 791.00 | 1 587.00 | 431.06 | 431.06 | 1 314.49 |
| Shareholders equity total | 34 500.00 | 35 530.00 | 34 999.67 | 34 999.67 | 36 314.17 |
| Balance sheet total (assets) | 34 875.00 | 36 940.00 | 35 993.38 | 35 993.38 | 40 476.04 |
| Net debt | -32 763.00 | -33 085.00 | -28 577.94 | -30 577.94 | -31 723.91 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 5.8 % | 5.5 % | 10.3 % | 1.4 % | 10.0 % |
| ROE | 5.3 % | 4.5 % | 1.2 % | 1.2 % | 3.7 % |
| ROI | 5.9 % | 5.6 % | 10.4 % | 1.4 % | 10.2 % |
| Economic value added (EVA) | -1 999.85 | -2 271.44 | -6 013.89 | -5 507.95 | -2 758.80 |
| Solvency | |||||
| Equity ratio | 98.9 % | 96.2 % | 97.2 % | 97.2 % | 89.7 % |
| Gearing | 0.7 % | 2.9 % | 8.2 % | 2.4 % | 8.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 234.9 | 33.4 | 322.1 | 322.1 | 8.8 |
| Current ratio | 234.9 | 33.4 | 322.1 | 322.1 | 8.8 |
| Cash and cash equivalents | 32 992.00 | 34 124.00 | 31 435.09 | 31 435.09 | 34 644.95 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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