Faroe Import ApS — Credit Rating and Financial Key Figures

Faroe Import ApS (CVR number: 38022318) is a company from HJØRRING. The company recorded a gross profit of -9.3 kDKK in 2021. The operating profit was -13.3 kDKK, while net earnings were -18.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.7 %, which can be considered poor and Return on Equity (ROE) was -96.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -32 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Faroe Import 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.