FOLK I FORM ApS — Credit Rating and Financial Key Figures

CVR number: 13858535
Kjeldgårdsvej 13, Hareskov 3500 Værløse
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Credit rating

Company information

Official name
FOLK I FORM ApS
Established
1990
Domicile
Hareskov
Company form
Private limited company
Industry

About FOLK I FORM ApS

FOLK I FORM ApS (CVR number: 13858535) is a company from FURESØ. The company recorded a gross profit of -84.2 kDKK in 2022. The operating profit was -170 kDKK, while net earnings were -3.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOLK I FORM ApS's liquidity measured by quick ratio was 12.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales-74.50-50.03-59.34
Gross profit-74.50-50.03-59.34-93.81-84.20
EBIT- 110.25-68.50-77.81- 145.62- 169.96
Net earnings-53.2826.86527.08- 495.57-3.91
Shareholders equity total2 953.512 872.373 291.452 665.882 531.97
Balance sheet total (assets)3 305.803 122.543 609.612 906.372 744.05
Net debt-3 213.42-3 042.04-3 544.97-2 647.20-2 341.41
Profitability
EBIT-%
ROA-1.6 %1.4 %20.3 %-15.0 %0.6 %
ROE-1.8 %0.9 %17.1 %-16.6 %-0.2 %
ROI-1.8 %1.6 %22.1 %-16.4 %0.6 %
Economic value added (EVA)45.94118.8186.71-0.04- 121.33
Solvency
Equity ratio89.3 %92.0 %91.2 %91.7 %92.3 %
Gearing0.2 %7.5 %
Relative net indebtedness %3840.7 %5580.7 %5438.1 %
Liquidity
Quick ratio9.112.211.211.412.1
Current ratio9.112.211.211.412.1
Cash and cash equivalents3 213.423 042.043 544.972 652.752 530.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %444.2 %360.0 %292.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.55%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.3%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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