First Farms A/S
FirstFarms A/S, through its subsidiaries, engages in the agriculture and food products businesses in Denmark, the Czech Republic, Slovakia, Hungary, and Romania. It is involved in the milk production and pig production business; and development of land portfolio. The company also produces crops, such as wheat, rapeseed, maize, lupine, sunflower, rye, sugar beets, grass, poppy, soybean, barley, pu… Read more
First Farms A/S (FFARMS) - Total Assets
Latest total assets as of September 2025: Dkr1.70 Billion DKK
Based on the latest financial reports, First Farms A/S (FFARMS) holds total assets worth Dkr1.70 Billion DKK as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
First Farms A/S - Total Assets Trend (2005–2024)
This chart illustrates how First Farms A/S’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Farms A/S - Asset Composition Analysis
Current Asset Composition (December 2024)
First Farms A/S's total assets of Dkr1.70 Billion consist of 24.5% current assets and 75.5% non-current assets.
| Asset Category | Amount (DKK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Dkr0.00 | 8.2% |
| Accounts Receivable | Dkr55.53 Million | 3.3% |
| Inventory | Dkr219.10 Million | 13.0% |
| Property, Plant & Equipment | Dkr0.00 | 0.0% |
| Intangible Assets | Dkr0.00 | 0.0% |
| Goodwill | Dkr16.08 Million | 1.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how First Farms A/S's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Farms A/S's current assets represent 24.5% of total assets in 2024, an increase from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 8.2% of total assets in 2024, up from 7.9% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 13.0% of total assets.
First Farms A/S Competitors by Total Assets
Key competitors of First Farms A/S based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
First Farms A/S - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - First Farms A/S generates 0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, First Farms A/S generates $ 0.97 in net profit.
First Farms A/S - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.06 | 2.68 | 0.95 |
| Quick Ratio | 0.50 | 1.32 | 0.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Dkr187.77 Million | Dkr 298.83 Million | Dkr -9.46 Million |
First Farms A/S - Advanced Valuation Insights
This section examines the relationship between First Farms A/S's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.96 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 11.6% |
| Total Assets | Dkr1.68 Billion |
| Market Capitalization | $28.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Farms A/S's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: First Farms A/S's assets grew by 11.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for First Farms A/S (2005–2024)
The table below shows the annual total assets of First Farms A/S from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr1.68 Billion | +11.61% |
| 2023-12-31 | Dkr1.51 Billion | +12.54% |
| 2022-12-31 | Dkr1.34 Billion | +22.12% |
| 2021-12-31 | Dkr1.10 Billion | -3.80% |
| 2020-12-31 | Dkr1.14 Billion | +6.51% |
| 2019-12-31 | Dkr1.07 Billion | +38.42% |
| 2018-12-31 | Dkr774.53 Million | +25.62% |
| 2017-12-31 | Dkr616.59 Million | +19.61% |
| 2016-12-31 | Dkr515.51 Million | -1.98% |
| 2015-12-31 | Dkr525.95 Million | +3.97% |
| 2014-12-31 | Dkr505.85 Million | +3.70% |
| 2013-12-31 | Dkr487.78 Million | +4.46% |
| 2012-12-31 | Dkr466.96 Million | -6.03% |
| 2011-12-31 | Dkr496.94 Million | +0.36% |
| 2010-12-31 | Dkr495.15 Million | -3.88% |
| 2009-12-31 | Dkr515.12 Million | -2.64% |
| 2008-12-31 | Dkr529.08 Million | +6.66% |
| 2007-12-31 | Dkr496.06 Million | -1.96% |
| 2006-12-31 | Dkr505.96 Million | +587.27% |
| 2005-12-31 | Dkr73.62 Million | -- |