FORENEDE A/S — Credit Rating and Financial Key Figures

FORENEDE A/S (CVR number: 19710742) is a company from BALLERUP. The company recorded a gross profit of 1956 kDKK in 2023. The operating profit was 1956 kDKK, while net earnings were -46.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -23.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FORENEDE A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.