FOLKMATIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOLKMATIC ApS
FOLKMATIC ApS (CVR number: 35873090) is a company from GRIBSKOV. The company recorded a gross profit of -6.9 kDKK in 2024. The operating profit was -6.9 kDKK, while net earnings were 64.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 1287.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.4 %, 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. FOLKMATIC ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.88 | -10.00 | -7.51 | -7.98 | -6.88 |
EBIT | -6.88 | -10.00 | -7.51 | -7.98 | -6.88 |
Net earnings | -11.23 | -3.14 | -0.64 | -1.14 | 64.38 |
Shareholders equity total | -54.47 | -57.61 | -58.24 | -59.38 | 5.00 |
Balance sheet total (assets) | 7.88 | 0.99 | 0.35 | 24.51 | |
Net debt | 38.84 | 45.73 | 46.37 | 47.51 | |
Profitability | |||||
EBIT-% | |||||
ROA | -4.0 % | -27.9 % | -18.1 % | -25.2 % | 18.3 % |
ROE | -83.2 % | -70.8 % | -95.3 % | -647.9 % | 1287.6 % |
ROI | -24.0 % | -6.7 % | -9.5 % | -2.4 % | 122.6 % |
Economic value added (EVA) | -7.05 | -9.61 | -6.96 | -7.40 | -6.28 |
Solvency | |||||
Equity ratio | -87.4 % | -98.3 % | -99.4 % | -100.0 % | 20.4 % |
Gearing | -85.8 % | -81.1 % | -80.2 % | -80.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.0 | 0.0 | 1.3 | |
Current ratio | 0.1 | 0.0 | 0.0 | 1.3 | |
Cash and cash equivalents | 7.88 | 0.99 | 0.35 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | B |
Variable visualization
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