FOLMAR ApS — Credit Rating and Financial Key Figures

CVR number: 33079249
Oddervej 36, 8270 Højbjerg
jh@folmar.dk
tel: 60934030
www.folmar.dk

Credit rating

Company information

Official name
FOLMAR ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FOLMAR ApS

FOLMAR ApS (CVR number: 33079249) is a company from AARHUS. The company recorded a gross profit of 1132.5 kDKK in 2023. The operating profit was 213.5 kDKK, while net earnings were 167 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.2 %, 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. FOLMAR ApS's liquidity measured by quick ratio was 2.6 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 profit708.561 018.511 644.921 051.151 132.54
EBIT-17.94262.12821.26213.28213.55
Net earnings-63.25277.52465.11-9.57166.99
Shareholders equity total154.36431.88896.98887.411 054.40
Balance sheet total (assets)1 015.081 587.592 571.981 707.801 722.13
Net debt- 564.96- 929.26-1 417.49- 949.00-1 264.55
Profitability
EBIT-%
ROA-1.9 %28.2 %39.5 %10.1 %13.0 %
ROE-34.0 %94.7 %70.0 %-1.1 %17.2 %
ROI-9.1 %119.5 %121.6 %23.8 %22.8 %
Economic value added (EVA)-7.53224.08659.13239.96164.11
Solvency
Equity ratio15.2 %27.2 %34.9 %52.0 %61.2 %
Gearing11.3 %2.5 %1.2 %1.6 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.52.02.6
Current ratio1.21.41.52.12.6
Cash and cash equivalents582.37940.141 428.07963.041 269.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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