FORTEM ApS — Credit Rating and Financial Key Figures

CVR number: 36932864
Visbygade 16, 2100 København Ø
kontakt@fortem.dk
tel: 60407848
www.fortem.dk

Credit rating

Company information

Official name
FORTEM ApS
Personnel
11 persons
Established
2015
Company form
Private limited company
Industry

About FORTEM ApS

FORTEM ApS (CVR number: 36932864) is a company from KØBENHAVN. The company recorded a gross profit of 5771.4 kDKK in 2023. The operating profit was 94.5 kDKK, while net earnings were 63.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. FORTEM ApS's liquidity measured by quick ratio was 3.3 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 sales4 693.85
Gross profit3 448.033 680.283 695.504 317.185 771.44
EBIT- 425.811 171.04600.04628.3994.54
Net earnings- 358.81897.11443.64467.5363.10
Shareholders equity total152.251 049.361 943.002 410.542 473.64
Balance sheet total (assets)1 465.033 927.363 033.753 273.803 311.40
Net debt- 304.61-3 547.81-2 194.18-1 873.99- 939.90
Profitability
EBIT-%-9.1 %
ROA-30.4 %43.6 %17.4 %19.9 %3.1 %
ROE-108.2 %149.3 %29.7 %21.5 %2.6 %
ROI-127.4 %166.7 %35.7 %27.7 %4.1 %
Economic value added (EVA)- 349.87909.14581.68495.5650.29
Solvency
Equity ratio10.4 %26.7 %64.0 %73.6 %74.7 %
Gearing
Relative net indebtedness %21.5 %
Liquidity
Quick ratio1.01.43.33.13.3
Current ratio1.01.43.33.13.3
Cash and cash equivalents304.613 547.812 194.181 873.99939.90
Capital use efficiency
Trade debtors turnover (days)49.9
Net working capital %0.4 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:3.07%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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