Forup Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38749056
Sønder Boulevard 79, 1720 København V
nina@handcraftedcph.com
tel: 22433006
www.handcraftedcph.dk

Company information

Official name
Forup Holding ApS
Established
2017
Company form
Private limited company
Industry

About Forup Holding ApS

Forup Holding ApS (CVR number: 38749056) is a company from KØBENHAVN. The company recorded a gross profit of 1050.6 kDKK in 2023. The operating profit was 522.4 kDKK, while net earnings were 4408.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good and Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Forup Holding ApS's liquidity measured by quick ratio was 14.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.26- 103.8762.90760.451 050.61
EBIT-8.26- 164.37-17.82256.16522.41
Net earnings4 189.277 854.649 853.408 614.054 408.19
Shareholders equity total11 539.6614 283.7024 024.1030 923.7534 331.94
Balance sheet total (assets)12 829.1919 326.8426 277.3534 869.7737 655.68
Net debt-4 572.972 470.302 151.42-5 534.99-8 763.98
Profitability
EBIT-%
ROA37.9 %49.1 %43.4 %28.5 %13.3 %
ROE44.1 %60.8 %51.4 %31.4 %13.5 %
ROI44.1 %52.5 %44.2 %29.4 %13.8 %
Economic value added (EVA)146.67-32.13109.99-55.1667.54
Solvency
Equity ratio89.9 %73.9 %91.4 %88.7 %91.2 %
Gearing29.7 %9.3 %6.6 %8.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.91.417.26.514.2
Current ratio5.91.417.26.514.2
Cash and cash equivalents4 572.971 769.6680.837 575.1011 548.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.2%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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