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 -437 kDKK in 2023. The operating profit was -437 kDKK, while net earnings were 14.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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 106.5 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.