FARM CHOICE ApS

CVR number: 35257993
Sandøvej 1 C, 8700 Horsens

Credit rating

Company information

Official name
FARM CHOICE ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FARM CHOICE ApS

FARM CHOICE ApS (CVR number: 35257993) is a company from HORSENS. The company recorded a gross profit of 668.5 kDKK in 2018. The operating profit was 60.3 kDKK, while net earnings were 19.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22 %, 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. FARM CHOICE ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales
Gross profit461.85399.81668.52
EBIT57.8714.6760.31
Net earnings41.096.0919.31
Shareholders equity total272.41278.50297.81
Balance sheet total (assets)1 570.422 479.381 353.41
Net debt- 198.45- 309.62-43.49
Profitability
EBIT-%
ROA3.7 %0.7 %3.1 %
ROE15.1 %2.2 %6.7 %
ROI21.2 %5.3 %16.2 %
Economic value added (EVA)44.907.7346.42
Solvency
Equity ratio17.3 %11.2 %22.0 %
Gearing55.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.1
Current ratio1.21.11.2
Cash and cash equivalents198.45309.62209.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:3.15%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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