Følsgaard Invest A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Følsgaard Invest A/S
Følsgaard Invest A/S (CVR number: 39406284) is a company from RUDERSDAL. The company recorded a gross profit of -859.7 kDKK in 2023. The operating profit was -859.7 kDKK, while net earnings were 1148.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Følsgaard Invest A/S's liquidity measured by quick ratio was 162.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 332.31 | 7 342.80 | - 146.37 | - 497.39 | - 859.73 |
EBIT | 316.64 | 13 589.41 | - 604.86 | - 497.39 | - 859.73 |
Net earnings | - 392.21 | 5 733.14 | 273.57 | - 122.02 | 1 148.70 |
Shareholders equity total | 27 192.68 | 32 925.82 | 33 199.39 | 33 077.38 | 34 226.08 |
Balance sheet total (assets) | 46 889.11 | 50 419.78 | 55 743.31 | 64 164.12 | 34 438.25 |
Net debt | 14 080.00 | 12 593.57 | 19 319.93 | 22 995.05 | -33 150.28 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.7 % | 27.9 % | 3.2 % | 1.1 % | 9.2 % |
ROE | -2.8 % | 19.1 % | 0.8 % | -0.4 % | 3.4 % |
ROI | 0.7 % | 29.1 % | 3.3 % | 1.2 % | 9.5 % |
Economic value added (EVA) | 284.51 | 9 903.08 | -2 019.45 | - 177.15 | - 257.82 |
Solvency | |||||
Equity ratio | 58.6 % | 65.9 % | 59.6 % | 51.6 % | 99.4 % |
Gearing | 64.3 % | 44.7 % | 59.2 % | 85.0 % | 0.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.1 | 0.0 | 0.2 | 162.3 |
Current ratio | 0.3 | 0.1 | 0.0 | 0.2 | 162.3 |
Cash and cash equivalents | 3 392.50 | 2 137.39 | 332.13 | 5 131.76 | 33 302.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BB |
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