First Farms A/S (FFARMS) — 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. Read First Farms A/S balance sheet liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
First Farms A/S Net Asset Quality Index Over Time (2005–2024)
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. For live market cap and overall valuation, see FFARMS market cap overview.
Annual Net Asset Quality Index for First Farms A/S (2005–2024)
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. Check FFARMS PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| 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 | — |