FORMPIPE LASERNET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORMPIPE LASERNET A/S
FORMPIPE LASERNET A/S (CVR number: 26366216) is a company from BALLERUP. The company reported a net sales of 69.5 mDKK in 2024, demonstrating a growth of 10.6 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 1.7 mDKK), while net earnings were 1538.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.5 %, 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. FORMPIPE LASERNET A/S's liquidity measured by quick ratio was 2.9 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 44.51 | 52.92 | 55.92 | 62.83 | 69.49 |
Gross profit | 12.22 | 24.81 | 14.40 | 18.59 | 20.62 |
EBIT | 6.47 | 13.79 | 3.08 | 5.38 | 1.67 |
Net earnings | 5.19 | 12.19 | 0.74 | 5.57 | 1.54 |
Shareholders equity total | 38.30 | 50.49 | 15.23 | 19.65 | 21.19 |
Balance sheet total (assets) | 82.72 | 91.25 | 73.87 | 54.91 | 56.36 |
Net debt | 16.58 | 2.71 | 25.29 | 0.35 | -10.64 |
Profitability | |||||
EBIT-% | 14.5 % | 26.0 % | 5.5 % | 8.6 % | 2.4 % |
ROA | 9.7 % | 18.2 % | 5.8 % | 6.9 % | 3.6 % |
ROE | 14.5 % | 27.5 % | 2.2 % | 31.9 % | 7.5 % |
ROI | 13.1 % | 24.2 % | 3.4 % | 16.7 % | 6.1 % |
Economic value added (EVA) | 2.83 | 7.76 | -1.34 | 1.69 | -0.31 |
Solvency | |||||
Equity ratio | 58.5 % | 67.4 % | 25.9 % | 54.6 % | 57.5 % |
Gearing | 51.7 % | 31.5 % | 225.8 % | 33.0 % | 30.9 % |
Relative net indebtedness % | 86.3 % | 45.1 % | 79.4 % | 37.0 % | 17.8 % |
Liquidity | |||||
Quick ratio | 2.3 | 3.3 | 1.1 | 2.5 | 2.9 |
Current ratio | 1.3 | 1.8 | 0.8 | 0.9 | 1.0 |
Cash and cash equivalents | 3.23 | 13.22 | 9.08 | 6.12 | 17.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.2 | 30.4 | 36.3 | 43.7 | 48.8 |
Net working capital % | 32.2 % | 59.0 % | -18.5 % | -5.3 % | -0.8 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AA | AA |
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