Firstfarms A/S

Firstfarms A/S Interest Coverage

The Interest Coverage Ratio of Firstfarms A/S (FFARMS.CO) as of Nov 11, 2026 is 1.05. In the previous year, Interest Coverage Ratio was 0.76 — a change of 37.82% (higher).

Interest Coverage

1.05

YoY

37.82%

Last updated:

Interest Coverage Ratio of Firstfarms A/S is 2024 1.05 . Interest Coverage Ratio of Firstfarms A/S was 2023 0.76 . It decreases by 37.82% higher compared to the previous year.

The Firstfarms A/S Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
1.89 DKK
Jan 1, 2018
2.09 DKK
Jan 1, 2019
1.99 DKK
Jan 1, 2020
-0.25 DKK
Jan 1, 2021
2.34 DKK
Jan 1, 2022
7.06 DKK
Jan 1, 2023
0.76 DKK
Jan 1, 2024
1.05 DKK
The Firstfarms A/S Interest Coverage history
YEARInterest CoverageYoY
1.05+37.82%
0.76-89.17%
7.06+201.77%
2.34-1,053.16%
-0.25-112.35%
1.99-4.88%
2.09+10.33%
1.89-187.49%
-2.16-59.65%
-5.36-338.45%
2.25—

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Firstfarms A/S Stock analysis

What does Firstfarms A/S do? FirstFarms A/S generates revenue through investments in agricultural land and companies across Eastern Europe, focusing on milk, cattle, and pig production. The company acquires, develops, and modernizes land and agricultural operations, operating in two main business areas: Milk production, which involves dairy cows, and Field production, covering crops like wheat, malt barley, sunflowers, rye, maize, and fodder crops such as maize silage, lucerne, sorghum, and hay. Its primary markets are Slovakia, Romania, and Denmark, with subsidiaries FirstFarms sro in Slovakia and FirstFarms srl in Romania managing local operations. The company’s revenue streams are derived from the sale of agricultural products, including milk, meat, and crops, produced by its owned and developed farms. It targets agricultural and food industry buyers, including dairy processors and livestock feed suppliers, who purchase these products for further processing or distribution. By maintaining and modernizing its land and operations, FirstFarms A/S ensures consistent production and quality, supporting long-term contracts with these industry partners. FirstFarms sro and FirstFarms srl, as subsidiaries in Slovakia and Romania, handle regional operations, optimizing production for local and international markets. These entities facilitate the company’s presence in Eastern Europe, where it leverages regional agricultural strengths to supply key commodities. The business model relies on scalable land investments and operational efficiency to maximize output and profitability across its core product lines. Firstfarms A/S is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Firstfarms A/S stock

Interest Coverage Ratio of Firstfarms A/S is 1.05 in 2024.

Interest Coverage Ratio of Firstfarms A/S changed from 0.76 to 1.05, representing a 37.82% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Firstfarms A/S since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Firstfarms A/S with sector peers and the industry average to assess whether it is attractive.

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Leverage — Firstfarms A/S

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