Formula Holding 2017 A/S — Credit Rating and Financial Key Figures

Formula Holding 2017 A/S (CVR number: 38326791) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -727 kDKK in 2024. The operating profit was -727 kDKK, while net earnings were 10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Formula Holding 2017 A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.