FORS A/S — Credit Rating and Financial Key Figures

CVR number: 33032838
Tåstrup Møllevej 5, 4300 Holbæk
Fors@fors.dk
tel: 70202066

Credit rating

Company information

Official name
FORS A/S
Personnel
256 persons
Established
2010
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About FORS A/S

FORS A/S (CVR number: 33032838) is a company from HOLBÆK. The company reported a net sales of 236.5 mDKK in 2023, demonstrating a growth of 16.3 % compared to the previous year. The operating profit percentage was poor at -0.5 % (EBIT: -1.2 mDKK), while net earnings were 59 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FORS A/S's liquidity measured by quick ratio was 0.7 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales155.55180.37191.72203.37236.46
Gross profit28.7839.3742.0640.7639.70
EBIT0.680.350.650.02-1.18
Net earnings-0.160.200.07-0.140.06
Shareholders equity total18.0418.5018.5818.4318.49
Balance sheet total (assets)61.71112.1686.3377.0369.41
Net debt-10.1925.4219.0015.75-0.78
Profitability
EBIT-%0.4 %0.2 %0.3 %0.0 %-0.5 %
ROA0.9 %0.4 %0.7 %1.5 %4.6 %
ROE-0.9 %1.1 %0.4 %-0.8 %0.3 %
ROI1.7 %0.8 %1.1 %2.8 %10.6 %
Economic value added (EVA)0.930.290.69-0.25-1.47
Solvency
Equity ratio29.2 %16.5 %21.5 %23.9 %26.6 %
Gearing32.2 %247.2 %158.3 %118.4 %17.1 %
Relative net indebtedness %17.0 %39.8 %29.2 %25.4 %19.4 %
Liquidity
Quick ratio0.70.90.90.90.7
Current ratio0.81.01.00.90.8
Cash and cash equivalents16.0020.3210.406.073.94
Capital use efficiency
Trade debtors turnover (days)1.02.62.01.20.7
Net working capital %-4.4 %-1.4 %-1.0 %-1.7 %-3.0 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:4.63%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

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