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Fosgaard International ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fosgaard International ApS
Fosgaard International ApS (CVR number: 40837558) is a company from HJØRRING. The company recorded a gross profit of 209.4 kDKK in 2024. The operating profit was -23.6 kDKK, while net earnings were -13.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.8 %, 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. Fosgaard International ApS's liquidity measured by quick ratio was 4.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 31.06 | 319.39 | 443.16 | 440.16 | 209.42 |
| EBIT | 31.06 | 308.12 | 413.48 | 313.78 | -23.61 |
| Net earnings | 23.90 | 238.69 | 319.81 | 243.05 | -13.91 |
| Shareholders equity total | 63.90 | 302.58 | 507.99 | 451.04 | 297.13 |
| Balance sheet total (assets) | 82.15 | 375.82 | 636.75 | 552.48 | 381.77 |
| Net debt | -81.60 | - 301.32 | - 546.03 | - 481.67 | - 323.80 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 37.8 % | 134.6 % | 81.7 % | 52.8 % | -3.7 % |
| ROE | 37.4 % | 130.3 % | 78.9 % | 50.7 % | -3.7 % |
| ROI | 48.6 % | 167.4 % | 101.7 % | 65.4 % | -4.6 % |
| Economic value added (EVA) | 24.24 | 237.07 | 306.69 | 218.93 | -40.72 |
| Solvency | |||||
| Equity ratio | 77.8 % | 80.5 % | 79.8 % | 81.6 % | 77.8 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.5 | 4.2 | 4.5 | 5.0 | 4.2 |
| Current ratio | 4.5 | 4.2 | 4.5 | 5.0 | 4.2 |
| Cash and cash equivalents | 81.60 | 301.32 | 546.03 | 481.67 | 323.80 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | BBB |
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