FORE Århus I ApS — Credit Rating and Financial Key Figures

CVR number: 39981653
Kalvebod Brygge 39, 1560 København V

Credit rating

Company information

Official name
FORE Århus I ApS
Established
2018
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 289.471 995.302 665.862 564.752 496.60
EBIT1 587.16711.686 615.86-2 535.25-5 203.40
Net earnings1 097.34230.094 829.69-2 732.02-6 346.61
Shareholders equity total30 176.9428 907.0332 436.7228 404.6920 758.09
Balance sheet total (assets)93 288.0791 627.2195 441.8690 718.9682 010.17
Net debt59 843.3559 934.3659 633.1958 645.8058 758.62
Profitability
EBIT-%
ROA1.7 %0.8 %7.1 %-2.7 %-6.0 %
ROE3.6 %0.8 %15.7 %-9.0 %-25.8 %
ROI1.7 %0.8 %7.1 %-2.7 %-6.1 %
Economic value added (EVA)1 237.98-3 959.68717.81-6 934.14-9 867.48
Solvency
Equity ratio32.3 %31.5 %34.0 %31.3 %25.3 %
Gearing203.1 %210.5 %186.3 %211.3 %285.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.41.31.50.5
Current ratio2.11.41.31.50.5
Cash and cash equivalents1 452.68927.54794.491 366.23449.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-6.02%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.3%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.