A/J - FORMIDLING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/J - FORMIDLING ApS
A/J - FORMIDLING ApS (CVR number: 11555993) is a company from MARIAGERFJORD. The company recorded a gross profit of -29.5 kDKK in 2022. The operating profit was -29.5 kDKK, while net earnings were 0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.9 %, 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. A/J - FORMIDLING ApS's liquidity measured by quick ratio was 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.31 | -11.68 | -4.42 | -4.55 | -29.49 |
EBIT | -16.31 | -11.68 | -4.42 | -4.55 | -29.49 |
Net earnings | -51.49 | 10.73 | -20.18 | 10.23 | 0.54 |
Shareholders equity total | 186.07 | 196.80 | 176.62 | 186.85 | 187.39 |
Balance sheet total (assets) | 1 345.73 | 1 368.21 | 1 172.08 | 1 131.31 | 383.60 |
Net debt | - 190.10 | - 202.31 | - 181.50 | - 192.04 | - 174.78 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.8 % | 1.5 % | -0.3 % | 1.8 % | 1.8 % |
ROE | -24.3 % | 5.6 % | -10.8 % | 5.6 % | 0.3 % |
ROI | -0.8 % | 1.5 % | -0.4 % | 1.8 % | 1.9 % |
Economic value added (EVA) | 20.55 | 46.45 | 54.36 | 45.47 | 17.97 |
Solvency | |||||
Equity ratio | 13.8 % | 14.4 % | 15.1 % | 16.5 % | 48.9 % |
Gearing | 619.5 % | 591.6 % | 560.9 % | 502.7 % | 84.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.2 | 1.2 | 2.0 |
Current ratio | 1.2 | 1.2 | 1.2 | 1.2 | 2.0 |
Cash and cash equivalents | 1 342.87 | 1 366.67 | 1 172.08 | 1 131.31 | 333.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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