FORIS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORIS ApS
FORIS ApS (CVR number: 29520917) is a company from RØDOVRE. The company recorded a gross profit of -41.6 kDKK in 2022. The operating profit was -41.6 kDKK, while net earnings were -34.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.4 %, which can be considered poor and Return on Equity (ROE) was -55.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FORIS ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -57.00 | -90.00 | -67.94 | 8.23 | -41.62 |
| EBIT | -57.00 | -90.00 | -67.94 | 8.23 | -41.62 |
| Net earnings | -46.00 | -74.00 | -55.12 | 1.15 | -34.47 |
| Shareholders equity total | 131.00 | 57.00 | 1.88 | 3.03 | -31.43 |
| Balance sheet total (assets) | 195.00 | 143.00 | 161.84 | 140.97 | 120.29 |
| Net debt | -98.00 | 5.00 | 85.31 | 72.78 | 134.58 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -29.8 % | -53.3 % | -44.6 % | 5.4 % | -26.4 % |
| ROE | -29.9 % | -78.7 % | -187.2 % | 47.0 % | -55.9 % |
| ROI | -31.6 % | -57.0 % | -47.5 % | 5.7 % | -27.9 % |
| Economic value added (EVA) | -45.80 | -69.10 | -52.34 | 11.48 | -29.76 |
| Solvency | |||||
| Equity ratio | 67.2 % | 39.9 % | 1.2 % | 2.2 % | -20.7 % |
| Gearing | 40.5 % | 131.6 % | 8091.4 % | 4276.8 % | -457.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.0 | 1.7 | 1.0 | 1.0 | 0.8 |
| Current ratio | 3.0 | 1.7 | 1.0 | 1.0 | 0.8 |
| Cash and cash equivalents | 151.00 | 70.00 | 66.64 | 56.85 | 9.15 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | BB | BB | BB |
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