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FORS A/S

CVR number: 33032838
Tåstrup Møllevej 5, 4300 Holbæk
Fors@fors.dk
tel: 70111251

Credit rating

Company information

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

About the company

FORS A/S (CVR number: 33032838) is a company from HOLBÆK. The company reported a net sales of 203.4 mDKK in 2022, demonstrating a growth of 6.1 % compared to the previous year. The operating profit percentage was at 0 % (EBIT: 0 mDKK), while net earnings were -145 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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 0.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20182019202020212022
Volume
Net sales155.55180.37191.72203.37
Gross profit44.9928.7839.3742.0642.46
EBIT0.320.680.350.650.02
Net earnings-2.31-0.160.200.07-0.14
Shareholders equity total18.2118.0418.5018.5818.43
Balance sheet total (assets)88.4761.71112.1686.3377.03
Net debt8.40-10.1925.4219.0015.75
Profitability
EBIT-%0.4 %0.2 %0.3 %0.0 %
ROA0.4 %0.9 %0.4 %0.7 %1.5 %
ROE-11.9 %-0.9 %1.1 %0.4 %-0.8 %
ROI0.8 %1.7 %0.8 %1.1 %2.8 %
Economic value added (EVA)-0.420.930.290.69-0.25
Solvency
Equity ratio20.6 %29.2 %16.5 %21.5 %23.9 %
Gearing195.8 %32.2 %247.2 %158.3 %118.4 %
Relative net indebtedness %17.0 %39.8 %29.2 %25.4 %
Liquidity
Quick ratio0.80.70.90.90.9
Current ratio0.90.81.01.00.9
Cash and cash equivalents27.2616.0020.3210.406.07
Capital use efficiency
Trade debtors turnover (days)1.02.62.01.2
Net working capital %-4.4 %-1.4 %-1.0 %-1.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.53%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Equity ratio:23.9%
Rating: 22/100
-1%
21%
50%
81%
99%
100%

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

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