Faro BidCo ApS — Credit Rating and Financial Key Figures

Faro BidCo ApS (CVR number: 44989999K) is a company from HERNING. The company reported a net sales of 1.4 mEUR in 2024. The operating profit percentage was poor at -183.2 % (EBIT: -2.6 mEUR), while net earnings were -2508 kEUR. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. Faro BidCo ApS's liquidity measured by quick ratio was 1.2 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.