FOLK I FORM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 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 | -53.28 | 26.86 | 527.08 | - 495.57 | -3.91 |
Shareholders equity total | 2 953.51 | 2 872.37 | 3 291.45 | 2 665.88 | 2 531.97 |
Balance sheet total (assets) | 3 305.80 | 3 122.54 | 3 609.61 | 2 906.37 | 2 744.05 |
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) | 45.94 | 118.81 | 86.71 | -0.04 | - 121.33 |
Solvency | |||||
Equity ratio | 89.3 % | 92.0 % | 91.2 % | 91.7 % | 92.3 % |
Gearing | 0.2 % | 7.5 % | |||
Relative net indebtedness % | 3840.7 % | 5580.7 % | 5438.1 % | ||
Liquidity | |||||
Quick ratio | 9.1 | 12.2 | 11.2 | 11.4 | 12.1 |
Current ratio | 9.1 | 12.2 | 11.2 | 11.4 | 12.1 |
Cash and cash equivalents | 3 213.42 | 3 042.04 | 3 544.97 | 2 652.75 | 2 530.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 444.2 % | 360.0 % | 292.9 % | ||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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