FORIDA POWER A/S — Credit Rating and Financial Key Figures

CVR number: 32568777
Skelbakken 61, 9320 Hjallerup

Credit rating

Company information

Official name
FORIDA POWER A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon649910

About FORIDA POWER A/S

FORIDA POWER A/S (CVR number: 32568777) is a company from Brønderslev. The company recorded a gross profit of 9.2 kDKK in 2024. The operating profit was 9.2 kDKK, while net earnings were 7.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 73.2 %, which can be considered excellent and Return on Equity (ROE) was 157.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FORIDA POWER A/S's liquidity measured by quick ratio was 2.4 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 profit-7.44-8.342.00-7.509.18
EBIT-7.44-8.342.00-7.509.18
Net earnings-6.12-6.641.53-5.887.18
Shareholders equity total11.965.326.850.978.15
Balance sheet total (assets)15.719.1511.1111.2013.91
Net debt-11.15-2.73-4.68-3.52-6.23
Profitability
EBIT-%
ROA-18.0 %-67.1 %19.7 %-67.3 %73.2 %
ROE-40.7 %-76.8 %25.1 %-150.3 %157.4 %
ROI-49.5 %-96.6 %32.8 %-191.9 %201.3 %
Economic value added (EVA)-3.48-6.551.87-5.957.31
Solvency
Equity ratio76.1 %58.1 %61.6 %8.7 %58.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.22.42.61.12.4
Current ratio4.22.42.61.12.4
Cash and cash equivalents11.152.734.683.526.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:73.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.6%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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