FORE Århus I ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORE Århus I ApS
FORE Århus I ApS (CVR number: 39981653) is a company from KØBENHAVN. The company recorded a gross profit of 2496.6 kDKK in 2023. The operating profit was -5203.4 kDKK, while net earnings were -6346.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -25.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FORE Århus I ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 289.47 | 1 995.30 | 2 665.86 | 2 564.75 | 2 496.60 |
EBIT | 1 587.16 | 711.68 | 6 615.86 | -2 535.25 | -5 203.40 |
Net earnings | 1 097.34 | 230.09 | 4 829.69 | -2 732.02 | -6 346.61 |
Shareholders equity total | 30 176.94 | 28 907.03 | 32 436.72 | 28 404.69 | 20 758.09 |
Balance sheet total (assets) | 93 288.07 | 91 627.21 | 95 441.86 | 90 718.96 | 82 010.17 |
Net debt | 59 843.35 | 59 934.36 | 59 633.19 | 58 645.80 | 58 758.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.7 % | 0.8 % | 7.1 % | -2.7 % | -6.0 % |
ROE | 3.6 % | 0.8 % | 15.7 % | -9.0 % | -25.8 % |
ROI | 1.7 % | 0.8 % | 7.1 % | -2.7 % | -6.1 % |
Economic value added (EVA) | 1 237.98 | -3 959.68 | 717.81 | -6 934.14 | -9 867.48 |
Solvency | |||||
Equity ratio | 32.3 % | 31.5 % | 34.0 % | 31.3 % | 25.3 % |
Gearing | 203.1 % | 210.5 % | 186.3 % | 211.3 % | 285.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.4 | 1.3 | 1.5 | 0.5 |
Current ratio | 2.1 | 1.4 | 1.3 | 1.5 | 0.5 |
Cash and cash equivalents | 1 452.68 | 927.54 | 794.49 | 1 366.23 | 449.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AAA | A | BBB |
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