Formika ApS

CVR number: 38510789
Leopardvej 49, 2610 Rødovre
c@formika.dk
tel: 25854455
www.formika.dk

Credit rating

Company information

Official name
Formika ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About Formika ApS

Formika ApS (CVR number: 38510789) is a company from RØDOVRE. The company recorded a gross profit of 978.9 kDKK in 2024. The operating profit was 277.6 kDKK, while net earnings were 239.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.3 %, which can be considered excellent and Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Formika ApS's liquidity measured by quick ratio was 2.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20202021202220232024
Volume
Net sales
Gross profit1 065.211 027.63957.62978.90
EBIT415.62366.91277.39277.62
Net earnings293.52326.12257.86239.25
Shareholders equity total0.00333.52602.35801.31979.56
Balance sheet total (assets)0.00741.38728.961 199.591 559.30
Net debt-0.00- 741.38- 553.92-1 160.53-1 472.19
Profitability
EBIT-%
ROA56.1 %77.4 %40.6 %28.3 %
ROE88.0 %69.7 %36.7 %26.9 %
ROI124.6 %121.6 %55.7 %43.8 %
Economic value added (EVA)323.00303.13216.58233.48
Solvency
Equity ratio100.0 %45.0 %82.6 %66.8 %62.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.324.23.62.9
Current ratio2.324.23.62.9
Cash and cash equivalents0.00741.38553.921 160.531 472.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBBBBBA

Variable visualization

ROA:28.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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