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Formika ApS — Credit Rating and Financial Key Figures

CVR number: 38510789
Poppel Alle 3, Øverød 2840 Holte
c@formika.dk
tel: 25854455
www.formika.dk
Free credit report Annual report

Company information

Official name
Formika ApS
Personnel
1 person
Established
2017
Domicile
Øverød
Company form
Private limited company
Industry

About Formika ApS

Formika ApS (CVR number: 38510789) is a company from RUDERSDAL. The company recorded a gross profit of 963.5 kDKK in 2025. The operating profit was 233.2 kDKK, while net earnings were 302.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.3 %, which can be considered excellent and Return on Equity (ROE) was 26.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.4 %, 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 4.1 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 065.211 027.63957.62978.90963.48
EBIT415.62366.91277.39277.62233.17
Net earnings293.52326.12257.86239.25302.36
Shareholders equity total333.52602.35801.31979.561 281.92
Balance sheet total (assets)741.38728.961 199.591 559.301 822.28
Net debt- 741.38- 553.92-1 160.53-1 472.19-1 785.96
Profitability
EBIT-%
ROA56.1 %77.4 %40.6 %28.3 %31.3 %
ROE88.0 %69.7 %36.7 %26.9 %26.7 %
ROI124.6 %121.6 %55.7 %43.8 %46.8 %
Economic value added (EVA)323.00265.88188.74175.16127.67
Solvency
Equity ratio45.0 %82.6 %66.8 %62.8 %71.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.324.23.62.94.1
Current ratio2.324.23.62.93.8
Cash and cash equivalents741.38553.921 160.531 472.191 785.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:31.3%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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