FORM TEKNIK ApS — Credit Rating and Financial Key Figures

CVR number: 32141560
Gl Fjellerupvej 17, Vivild 8961 Allingåbro
qvist7@msn.com

Credit rating

Company information

Official name
FORM TEKNIK ApS
Personnel
1 person
Established
2009
Domicile
Vivild
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About FORM TEKNIK ApS

FORM TEKNIK ApS (CVR number: 32141560) is a company from NORDDJURS. The company recorded a gross profit of 43.4 kDKK in 2023. The operating profit was 12.1 kDKK, while net earnings were 8.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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. FORM TEKNIK ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit152.16325.73224.5792.8543.45
EBIT19.6137.7559.08-22.3712.09
Net earnings12.0925.5742.15-20.788.88
Shareholders equity total115.23140.81182.96162.18171.06
Balance sheet total (assets)337.28337.67341.38308.16274.81
Net debt34.093.84-25.32-61.58-87.90
Profitability
EBIT-%
ROA6.5 %11.2 %17.4 %-6.9 %4.1 %
ROE11.1 %20.0 %26.0 %-12.0 %5.3 %
ROI13.8 %20.4 %29.8 %-11.7 %6.9 %
Economic value added (EVA)15.7025.4239.91-28.013.90
Solvency
Equity ratio34.2 %41.7 %53.6 %52.6 %62.2 %
Gearing57.5 %28.6 %6.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.61.00.81.0
Current ratio1.11.41.81.92.8
Cash and cash equivalents32.1636.4437.5561.5887.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.15%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.2%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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