FORUM FAABORG ApS

CVR number: 32888135
Sundvænget 8, 5600 Faaborg
era@forumfaaborg.dk
tel: 62610606

Credit rating

Company information

Official name
FORUM FAABORG ApS
Personnel
20 persons
Established
2010
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About FORUM FAABORG ApS

FORUM FAABORG ApS (CVR number: 32888135) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 3645.9 kDKK in 2023. The operating profit was 201.7 kDKK, while net earnings were 201.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 66.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FORUM FAABORG ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit3 679.863 492.883 596.793 670.553 645.94
EBIT21.2782.6836.57- 117.17201.70
Net earnings58.62105.3966.79- 305.84201.35
Shareholders equity total492.14597.53664.33203.16404.51
Balance sheet total (assets)1 410.661 640.281 529.053 761.013 612.03
Net debt- 214.09- 340.54- 223.47-76.75124.26
Profitability
EBIT-%
ROA1.5 %5.4 %2.3 %-4.4 %5.5 %
ROE12.7 %19.3 %10.6 %-70.5 %66.3 %
ROI3.9 %11.5 %4.8 %-21.3 %40.9 %
Economic value added (EVA)4.9598.7313.05- 105.35207.16
Solvency
Equity ratio34.9 %36.4 %43.4 %5.4 %11.2 %
Gearing115.7 %35.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.51.20.70.6
Current ratio1.21.51.30.70.6
Cash and cash equivalents214.09340.54223.47311.7518.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:5.47%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.2%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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