FOLKMATIC ApS — Credit Rating and Financial Key Figures

CVR number: 35873090
Nattergalevej 4, Tibirke Sand 3300 Frederiksværk
mail@frederikcordes.dk
tel: 29639963
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Company information

Official name
FOLKMATIC ApS
Established
2014
Domicile
Tibirke Sand
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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-11.23-3.14-0.64-1.1464.38
Shareholders equity total-54.47-57.61-58.24-59.385.00
Balance sheet total (assets)7.880.990.3524.51
Net debt38.8445.7346.3747.51
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 ratio0.10.00.01.3
Current ratio0.10.00.01.3
Cash and cash equivalents7.880.990.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:18.3%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.4%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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