Firstfarms A/S
Firstfarms A/S operates in the fishing and farming industry, producing and supplying food products, primarily through aquaculture and agricultural activities.
Business. Firstfarms A/S (FFARMS.CO) is a Danish company operating in the Fishing & Farming industry within the Consumer Non-Cyclicals sector. The firm is headquartered in Denmark and is primarily listed on the Nasdaq Copenhagen exchange. As specific segment and geographic breakdowns are not provided, the company is described at the industry level as a participant in the food production and distribution market.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
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Synthesis
Firstfarms A/S (FFARMS.CO) is a Danish company operating in the Fishing & Farming industry within the Consumer Non-Cyclicals sector. The firm is headquartered in Denmark and is primarily listed on the Nasdaq Copenhagen exchange. As specific segment and geographic breakdowns are not provided, the company is described at the industry level as a participant in the food production and distribution market.
Firstfarms A/S maintains a debt-to-equity ratio of 0.84, indicating a moderate reliance on debt financing relative to equity. The company's current ratio of 3.09 suggests strong short-term liquidity, with current assets significantly outpacing current liabilities. However, the free cash flow of -5.45 million DKK indicates that the company is not generating sufficient cash to cover capital expenditures, which may signal potential liquidity constraints in the near term.
In terms of profitability, Firstfarms A/S reports a return on equity (ROE) of 1.25% and a return on assets (ROA) of 0.6%. These figures are below the typical thresholds for strong performance in the fishing and farming industry, suggesting that the company is not generating robust returns relative to its equity and asset base. The operating margin, calculated as operating income of 22.17 million DKK on revenue of 118.30 million DKK, is approximately 18.75%, which is in line with industry norms but not exceptional.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic or regulatory risks. The absence of segment or geographic breakdown in the financial data limits the ability to assess the company's risk profile in detail.
Looking ahead, the company's growth trajectory is constrained by its negative free cash flow and limited capital expenditures. The capital expenditure of -29.96 million DKK indicates a significant outflow, which may be necessary for long-term growth but could also strain liquidity. The outlook for the next fiscal year remains uncertain, with no clear indication of revenue acceleration or margin expansion.
The risk assessment highlights a medium liquidity risk, primarily due to the company's negative net cash position after accounting for total debt. While dilution risk is currently low, the company's reliance on long-term debt (692.93 million DKK) could increase financial leverage and expose the company to interest rate volatility. No recent dilutive events have been reported, and the company has not issued additional shares in the near term.
There are no recent filings or transcripts indicating significant corporate events or strategic shifts. The company's financial disclosures remain consistent with prior periods, with no material changes in operations or capital structure reported in the latest available data.
- Firstfarms A/S has strong short-term liquidity but is generating negative free cash flow, which may limit its ability to fund growth initiatives.
- The company's return on equity and return on assets are below industry benchmarks, indicating suboptimal capital efficiency.
- Revenue and operations are concentrated in a single business segment, increasing exposure to sector-specific risks.
- The company's reliance on long-term debt raises concerns about financial leverage and interest rate sensitivity.
- No recent dilutive events have been reported, and dilution risk remains low in the near term.
Bull / Bear case
Generated · model-assistedCash conversion ratio of 2.32 places the company in the top quartile of its peer group.
Long-term debt decreased to 625 million DKK in FY0, down from 689 million DKK in FY-1.
The company reported positive free cash flow of 18.5 million DKK in FY-4, unlike recent years.
The company carries a high credit risk flag, indicating significant potential for financial distress.
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- Net cash is negative after subtracting total debt.
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- Firstfarms A/S Market data — financials · 2026-05-27