Credit rating
Company information
About F.O. HOLDING A/S
F.O. HOLDING A/S (CVR number: 11738184) is a company from SOLRØD. The company recorded a gross profit of -14.4 kDKK in 2023. The operating profit was -285 kDKK, while net earnings were -218.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -16.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. F.O. HOLDING A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 860.67 | 2 052.41 | 1 486.89 | 776.11 | -14.37 |
EBIT | 496.73 | 695.09 | 54.05 | - 297.96 | - 285.00 |
Net earnings | 384.25 | 534.27 | 33.31 | - 224.47 | - 218.23 |
Shareholders equity total | 3 620.49 | 2 654.76 | 2 188.07 | 1 963.61 | 745.38 |
Balance sheet total (assets) | 4 587.98 | 3 781.88 | 2 916.61 | 3 113.39 | 2 348.10 |
Net debt | -1 188.48 | -1 042.09 | - 265.74 | -2 298.49 | - 493.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.0 % | 16.7 % | 1.6 % | -9.8 % | -8.6 % |
ROE | 10.4 % | 17.0 % | 1.4 % | -10.8 % | -16.1 % |
ROI | 13.8 % | 22.1 % | 2.2 % | -12.7 % | -10.5 % |
Economic value added (EVA) | 263.69 | 418.74 | -40.63 | - 301.12 | - 217.26 |
Solvency | |||||
Equity ratio | 78.9 % | 70.2 % | 75.0 % | 63.1 % | 31.7 % |
Gearing | 0.5 % | 7.7 % | 16.1 % | 190.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.2 | 0.9 | 2.5 | 1.3 |
Current ratio | 4.4 | 3.1 | 3.6 | 2.5 | 1.3 |
Cash and cash equivalents | 1 188.48 | 1 054.31 | 434.52 | 2 615.16 | 1 912.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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