Form & Velvære ApS — Credit Rating and Financial Key Figures

CVR number: 32279678
Skolegade 4-6, 7430 Ikast
tel: 29254548

Credit rating

Company information

Official name
Form & Velvære ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About Form & Velvære ApS

Form & Velvære ApS (CVR number: 32279678) is a company from IKAST-BRANDE. The company recorded a gross profit of 459.6 kDKK in 2024. The operating profit was 251 kDKK, while net earnings were 195.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Form & Velvære 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit646.25806.14389.58363.41459.61
EBIT291.16447.85118.4118.95250.98
Net earnings242.05347.9391.4314.63195.53
Shareholders equity total1 359.111 707.041 798.481 813.112 008.64
Balance sheet total (assets)1 874.372 143.042 205.612 282.552 510.68
Net debt34.93-84.9411.0083.95177.46
Profitability
EBIT-%
ROA15.9 %22.3 %5.5 %0.8 %10.5 %
ROE19.6 %22.7 %5.2 %0.8 %10.2 %
ROI18.2 %25.7 %5.9 %0.9 %11.2 %
Economic value added (EVA)188.58280.9211.50-70.11107.73
Solvency
Equity ratio73.4 %79.7 %81.5 %79.4 %80.0 %
Gearing2.6 %1.1 %6.7 %8.2 %8.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.82.52.32.9
Current ratio0.41.82.52.32.9
Cash and cash equivalents104.34108.9264.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.5%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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