FORS Affald Holbæk A/S
Credit rating
Company information
About FORS Affald Holbæk A/S
FORS Affald Holbæk A/S (CVR number: 33033192) is a company from HOLBÆK. The company reported a net sales of 105.7 mDKK in 2023, demonstrating a growth of 8.6 % compared to the previous year. The operating profit percentage was poor at -3.1 % (EBIT: -3.3 mDKK), while net earnings were -5450 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FORS Affald Holbæk A/S's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 77.69 | 118.37 | 96.93 | 97.39 | 105.72 |
Gross profit | 19.16 | 43.11 | 14.34 | 8.92 | 13.48 |
EBIT | 6.01 | 30.39 | 1.15 | -3.35 | -3.27 |
Net earnings | 5.44 | 29.75 | -1.66 | -2.97 | -5.45 |
Shareholders equity total | 38.36 | 67.38 | 66.79 | 66.14 | 60.27 |
Balance sheet total (assets) | 106.24 | 101.86 | 104.82 | 121.04 | 114.45 |
Net debt | -25.13 | 13.14 | 16.97 | 37.92 | 29.18 |
Profitability | |||||
EBIT-% | 7.7 % | 25.7 % | 1.2 % | -3.4 % | -3.1 % |
ROA | 5.8 % | 29.3 % | 1.1 % | -3.0 % | -2.8 % |
ROE | 15.1 % | 56.3 % | -2.5 % | -4.5 % | -8.6 % |
ROI | 10.9 % | 40.6 % | 1.2 % | -3.2 % | -3.1 % |
Economic value added (EVA) | 6.42 | 29.41 | -2.85 | -5.79 | -6.73 |
Solvency | |||||
Equity ratio | 36.1 % | 66.1 % | 63.7 % | 54.6 % | 52.7 % |
Gearing | 22.1 % | 22.2 % | 29.7 % | 57.6 % | 50.4 % |
Relative net indebtedness % | 30.9 % | 18.3 % | 24.5 % | 47.6 % | 42.1 % |
Liquidity | |||||
Quick ratio | 1.2 | 2.3 | 2.1 | 1.1 | 1.8 |
Current ratio | 1.2 | 2.3 | 2.1 | 1.1 | 1.9 |
Cash and cash equivalents | 33.61 | 1.85 | 2.84 | 0.15 | 1.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 121.5 | 2.7 | 4.6 | 11.4 | 6.6 |
Net working capital % | -3.6 % | 18.3 % | 22.4 % | 4.1 % | 18.2 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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