FORCE TECHNOLOGY ASIA HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 32945260
Park Allé 345, 2605 Brøndby

Credit rating

Company information

Official name
FORCE TECHNOLOGY ASIA HOLDING A/S
Established
2010
Company form
Limited company
Industry

About FORCE TECHNOLOGY ASIA HOLDING A/S

FORCE TECHNOLOGY ASIA HOLDING A/S (CVR number: 32945260) is a company from BRØNDBY. The company recorded a gross profit of -45 kDKK in 2024. The operating profit was -45 kDKK, while net earnings were 48 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -61.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FORCE TECHNOLOGY ASIA HOLDING A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-88.00-1.00-28.00-83.00-45.00
EBIT-88.00-1.00-28.00-83.00-45.00
Net earnings-3 928.00-3 816.00-1 735.00-3 227.0048.00
Shareholders equity total-14 500.00-19 269.00-20 385.00-22 691.00-14 391.00
Balance sheet total (assets)6 969.007 842.008 381.007 637.009 102.00
Net debt8 091.008 698.009 413.009 775.0010 284.00
Profitability
EBIT-%
ROA-18.5 %-13.3 %-3.8 %-9.5 %2.1 %
ROE-54.3 %-51.5 %-21.4 %-40.3 %0.6 %
ROI-18.6 %-13.4 %-3.8 %-9.5 %2.1 %
Economic value added (EVA)- 462.46- 347.88- 420.40- 502.89- 426.74
Solvency
Equity ratio-67.5 %-71.1 %-70.9 %-74.8 %-61.3 %
Gearing-55.8 %-45.4 %-46.2 %-43.1 %-71.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents2.0048.0013.005.0022.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.08%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-61.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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