FOLMAR ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOLMAR ApS
FOLMAR ApS (CVR number: 33079249) is a company from AARHUS. The company recorded a gross profit of 527.3 kDKK in 2024. The operating profit was -386.5 kDKK, while net earnings were -458.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.6 %, which can be considered poor and Return on Equity (ROE) was -55.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FOLMAR ApS's liquidity measured by quick ratio was 1.5 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 018.51 | 1 644.92 | 1 051.15 | 1 132.54 | 527.25 |
EBIT | 262.12 | 821.26 | 213.28 | 213.55 | - 386.46 |
Net earnings | 277.52 | 465.11 | -9.57 | 166.99 | - 458.42 |
Shareholders equity total | 431.88 | 896.98 | 887.41 | 1 054.40 | 595.99 |
Balance sheet total (assets) | 1 587.59 | 2 571.98 | 1 707.80 | 1 722.13 | 1 779.30 |
Net debt | - 929.26 | -1 417.49 | - 949.00 | -1 264.55 | - 662.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.2 % | 39.5 % | 10.1 % | 13.0 % | -21.6 % |
ROE | 94.7 % | 70.0 % | -1.1 % | 17.2 % | -55.6 % |
ROI | 119.5 % | 121.6 % | 23.8 % | 22.8 % | -45.2 % |
Economic value added (EVA) | 193.94 | 611.35 | 167.67 | 115.01 | - 439.68 |
Solvency | |||||
Equity ratio | 27.2 % | 34.9 % | 52.0 % | 61.2 % | 33.5 % |
Gearing | 2.5 % | 1.2 % | 1.6 % | 0.4 % | 3.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | 2.0 | 2.6 | 1.5 |
Current ratio | 1.4 | 1.5 | 2.1 | 2.6 | 1.5 |
Cash and cash equivalents | 940.14 | 1 428.07 | 963.04 | 1 269.11 | 683.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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