FORMPIPE SOFTWARE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORMPIPE SOFTWARE A/S
FORMPIPE SOFTWARE A/S (CVR number: 29177015) is a company from BALLERUP. The company reported a net sales of 95.3 mDKK in 2024, demonstrating a decline of -11.6 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 0.4 mDKK), while net earnings were 354.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54.4 %, 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 SOFTWARE A/S's liquidity measured by quick ratio was 1.7 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 | 104.45 | 140.31 | 106.37 | 107.86 | 95.30 |
Gross profit | 104.45 | 140.31 | 106.37 | 88.50 | 71.18 |
EBIT | 19.03 | 47.73 | 12.51 | 16.57 | 0.38 |
Net earnings | 14.72 | 36.58 | 9.07 | 13.09 | 0.35 |
Shareholders equity total | 34.07 | 80.14 | 50.21 | 48.30 | 36.65 |
Balance sheet total (assets) | 91.87 | 77.71 | |||
Net debt | -11.58 | -7.46 | |||
Profitability | |||||
EBIT-% | 18.2 % | 34.0 % | 11.8 % | 15.4 % | 0.4 % |
ROA | 40.1 % | 18.3 % | 0.7 % | ||
ROE | 55.1 % | 32.0 % | 7.0 % | 13.3 % | 0.8 % |
ROI | 40.1 % | 31.2 % | 1.3 % | ||
Economic value added (EVA) | 18.06 | 46.01 | 8.48 | 10.44 | -2.39 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 58.8 % | 54.4 % |
Gearing | 3.2 % | 5.5 % | |||
Relative net indebtedness % | 24.5 % | 28.9 % | |||
Liquidity | |||||
Quick ratio | 2.1 | 1.7 | |||
Current ratio | 1.6 | 1.2 | |||
Cash and cash equivalents | 13.12 | 9.48 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 96.9 | 78.8 | |||
Net working capital % | 20.7 % | 8.8 % | |||
Credit risk | |||||
Credit rating | B | B | B | AA | AA |
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