FÆRCH PLAST GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 32308449
Rasmus Færchs Vej 1, 7500 Holstebro

Credit rating

Company information

Official name
FÆRCH PLAST GROUP A/S
Established
2014
Company form
Limited company
Industry

About FÆRCH PLAST GROUP A/S

FÆRCH PLAST GROUP A/S (CVR number: 32308449) is a company from HOLSTEBRO. The company recorded a gross profit of 0 kDKK in 2019. The operating profit was -69 kDKK, while net earnings were -62 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FÆRCH PLAST GROUP A/S's liquidity measured by quick ratio was 0.3 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
2017
2018
2019
Volume
Net sales
Gross profit
EBIT-3 789.00-1 055.00-69.00
Net earnings-78 689.00-51 699.00-62 021.00
Shareholders equity total843 848.00792 149.00748 654.00
Balance sheet total (assets)2 547 490.002 490 331.002 502 851.00
Net debt1 698 800.001 698 183.001 734 048.00
Profitability
EBIT-%
ROA1.1 %2.4 %1.6 %
ROE-9.3 %-6.3 %-8.1 %
ROI1.1 %2.4 %1.6 %
Economic value added (EVA)-3 298.5556 949.3860 228.49
Solvency
Equity ratio33.1 %31.8 %29.9 %
Gearing201.9 %214.4 %234.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.3
Current ratio0.30.30.3
Cash and cash equivalents4 800.0020 150.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBB

Variable visualization

ROA:1.62%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.9%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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