First Farms A/S Net Asset Quality Index
First Farms A/S net asset quality index. First Farms A/S (FFARMS) has a Net Asset Quality Index of 53.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Dkr1.70 Billion minus total liabilities of Dkr784.70 Million yields net assets of Dkr912.85 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check FFARMS cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of First Farms A/S (2005–2024)
Net asset quality index of First Farms A/S from 2005 to 2024. This chart shows how First Farms A/S's Net Asset Quality Index has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the index stands at 53.8%, representing net assets of Dkr912.85 Million against total assets of Dkr1.70 Billion DKK. See FFARMS total equity for net asset value and shareholders' equity analysis.
First Farms A/S Net Asset Quality Index by Year (2005–2024)
First Farms A/S net asset quality index by year from 2005 to 2024. The table below presents the year-by-year Net Asset Quality Index for First Farms A/S from 2005 to 2024, covering 20 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market cap of First Farms A/S.
| Year | Quality Index | Net Assets (DKK) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 48.6% | Dkr819.15 Million | Dkr1.68 Billion | Dkr865.74 Million | ▲ +0.8 pp |
| 2023 | 47.8% | Dkr722.20 Million | Dkr1.51 Billion | Dkr787.49 Million | ▼ -3.1 pp |
| 2022 | 50.9% | Dkr683.06 Million | Dkr1.34 Billion | Dkr658.43 Million | ▲ +2.7 pp |
| 2021 | 48.3% | Dkr530.13 Million | Dkr1.10 Billion | Dkr568.41 Million | ▲ +5.9 pp |
| 2020 | 42.3% | Dkr483.48 Million | Dkr1.14 Billion | Dkr658.48 Million | ▲ +5.7 pp |
| 2019 | 36.6% | Dkr392.31 Million | Dkr1.07 Billion | Dkr679.80 Million | ▼ -11.2 pp |
| 2018 | 47.8% | Dkr370.12 Million | Dkr774.53 Million | Dkr404.41 Million | ▼ -3.3 pp |
| 2017 | 51.1% | Dkr315.07 Million | Dkr616.59 Million | Dkr301.52 Million | ▼ -5.7 pp |
| 2016 | 56.8% | Dkr292.82 Million | Dkr515.51 Million | Dkr222.69 Million | ▼ -1.4 pp |
| 2015 | 58.2% | Dkr306.17 Million | Dkr525.95 Million | Dkr219.77 Million | ▼ -6.8 pp |
| 2014 | 65.0% | Dkr328.73 Million | Dkr505.85 Million | Dkr177.12 Million | ▼ -0.8 pp |
| 2013 | 65.8% | Dkr320.82 Million | Dkr487.78 Million | Dkr166.96 Million | ▼ -2.4 pp |
| 2012 | 68.2% | Dkr318.41 Million | Dkr466.96 Million | Dkr148.55 Million | ▼ -1.8 pp |
| 2011 | 70.0% | Dkr348.00 Million | Dkr496.94 Million | Dkr148.94 Million | ▲ +1.2 pp |
| 2010 | 68.8% | Dkr340.88 Million | Dkr495.15 Million | Dkr154.27 Million | ▲ +0.5 pp |
| 2009 | 68.4% | Dkr352.09 Million | Dkr515.12 Million | Dkr163.03 Million | ▼ -6.3 pp |
| 2008 | 74.6% | Dkr394.79 Million | Dkr529.08 Million | Dkr134.30 Million | ▼ -11.1 pp |
| 2007 | 85.7% | Dkr425.10 Million | Dkr496.06 Million | Dkr70.96 Million | ▲ +2.0 pp |
| 2006 | 83.7% | Dkr423.44 Million | Dkr505.96 Million | Dkr82.52 Million | ▲ +72.5 pp |
| 2005 | 11.2% | Dkr8.21 Million | Dkr73.62 Million | Dkr65.41 Million | — |