AB FARM ApS

CVR number: 36058099
Fjaltringbyvej 31, Fjaltring 7620 Lemvig

Credit rating

Company information

Official name
AB FARM ApS
Personnel
1 person
Established
2014
Domicile
Fjaltring
Company form
Private limited company
Industry
  • Expand more icon78Employment activities

About the company

AB FARM ApS (CVR number: 36058099) is a company from LEMVIG. The company recorded a gross profit of 138.6 kDKK in 2023. The operating profit was -107.7 kDKK, while net earnings were -74 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -26.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.3 %, 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. AB FARM ApS's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit114.92211.92159.91314.22138.65
EBIT-12.9486.1617.00142.03- 107.71
Net earnings-10.9966.349.68109.20-74.05
Shareholders equity total129.64195.98205.66314.86240.81
Balance sheet total (assets)182.63380.77273.951 151.89347.27
Net debt- 139.88- 271.47- 234.79- 251.01- 161.88
Profitability
EBIT-%
ROA-7.6 %30.6 %5.2 %20.0 %-12.5 %
ROE-8.1 %40.7 %4.8 %42.0 %-26.7 %
ROI-9.9 %52.9 %8.4 %22.6 %-14.6 %
Economic value added (EVA)-11.4767.7316.89112.37-49.81
Solvency
Equity ratio71.0 %51.5 %75.1 %27.3 %69.3 %
Gearing1.4 %233.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.42.14.01.22.2
Current ratio3.42.14.01.22.2
Cash and cash equivalents139.88271.47237.60986.99161.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-12.5%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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