FORWARD PHARMA A/S — Credit Rating and Financial Key Figures

CVR number: 28865880
Strandvejen 125, 2900 Hellerup
investors@forward-pharma.com
www.forward-pharma.com
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Credit rating

Company information

Official name
FORWARD PHARMA A/S
Personnel
2 persons
Established
2005
Company form
Limited company
Industry

About FORWARD PHARMA A/S

FORWARD PHARMA A/S (CVR number: 28865880K) is a company from KØBENHAVN. The company recorded a gross profit of 133 kDKK in 2016. The operating profit was -40.3 mDKK, while net earnings were 2032 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor but Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORWARD PHARMA A/S's liquidity measured by quick ratio was 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

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Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2013
2014
2015
2016
Volume
Net sales
Gross profit151.00143.00177.00133.00
EBIT-2 576.00-9 849.00-23 310.00-40 308.00
Net earnings-9 225.00-13 662.00-51 065.002 032.00
Shareholders equity total-14 322.00238 017.00176 695.00189 657.00
Balance sheet total (assets)15 061.00240 310.00179 933.00199 203.00
Net debt-44 407.00-52 636.00
Profitability
EBIT-%
ROA-24.4 %-4.9 %
ROE-24.6 %1.1 %
ROI-24.7 %-5.0 %
Economic value added (EVA)-2 549.47-8 999.04-34 560.02-37 445.85
Solvency
Equity ratio98.2 %95.2 %
Gearing1.8 %
Relative net indebtedness %
Liquidity
Quick ratio27.26.0
Current ratio27.26.0
Cash and cash equivalents2 742.0044 043.0044 407.0056 060.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-4.90%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.2%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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