FORS Affald Holbæk A/S — Credit Rating and Financial Key Figures

CVR number: 33033192
Tåstrup Møllevej 5, 4300 Holbæk
Fors@fors.dk
tel: 70202066

Credit rating

Company information

Official name
FORS Affald Holbæk A/S
Established
2010
Company form
Limited company
Industry

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 101.5 mDKK in 2024, demonstrating a decline of -4 % compared to the previous year. The operating profit percentage was poor at -16.6 % (EBIT: -16.8 mDKK), while net earnings were -18.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -17.4 %, which can be considered poor and Return on Equity (ROE) was -49.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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 Affald Holbæk A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales118.3796.9397.39105.72101.46
Gross profit43.1114.348.9213.484.12
EBIT30.391.15-3.35-3.27-16.84
Net earnings29.75-1.66-2.97-5.45-18.57
Shareholders equity total67.3866.7966.1446.8028.68
Balance sheet total (assets)101.86104.82121.04100.9792.83
Net debt13.1416.9737.9229.1830.05
Profitability
EBIT-%25.7 %1.2 %-3.4 %-3.1 %-16.6 %
ROA29.3 %1.1 %-3.0 %-2.9 %-17.4 %
ROE56.3 %-2.5 %-4.5 %-9.7 %-49.2 %
ROI40.6 %1.2 %-3.2 %-3.3 %-20.1 %
Economic value added (EVA)27.17-3.88-7.17-8.77-20.19
Solvency
Equity ratio66.1 %63.7 %54.6 %46.3 %30.9 %
Gearing22.2 %29.7 %57.6 %64.9 %160.7 %
Relative net indebtedness %18.3 %24.5 %47.6 %42.1 %40.6 %
Liquidity
Quick ratio2.32.11.11.21.2
Current ratio2.32.11.11.31.3
Cash and cash equivalents1.852.840.151.2116.04
Capital use efficiency
Trade debtors turnover (days)2.74.611.46.66.4
Net working capital %18.3 %22.4 %4.1 %5.4 %5.2 %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-17.4%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.9%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member
Board member
Board member
Board member
Chief executive officer
Board member

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