FORBO SIEGLING DANMARK A/S

CVR number: 88108817
Kirkebjerg Parkvej 34, 2605 Brøndby
tel: 43431033

Credit rating

Company information

Official name
FORBO SIEGLING DANMARK A/S
Personnel
44 persons
Established
1979
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About FORBO SIEGLING DANMARK A/S

FORBO SIEGLING DANMARK A/S (CVR number: 88108817) is a company from BRØNDBY. The company recorded a gross profit of 35.4 mDKK in 2023. The operating profit was -4475 kDKK, while net earnings were -10.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -33 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FORBO SIEGLING DANMARK A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit25 333.0020 619.0021 521.0048 030.0035 397.00
EBIT-4 137.00-10 864.00-12 614.008 073.00-4 475.00
Net earnings-4 981.00-10 889.00-12.004 668.00-10 821.00
Shareholders equity total-11 330.00-45 441.00-33 518.0038 187.0027 366.00
Balance sheet total (assets)98 017.00165 110.00167 915.00169 028.00152 732.00
Net debt112 548.00109 235.00
Profitability
EBIT-%
ROA-4.1 %-6.8 %-6.1 %4.7 %-1.9 %
ROE-200.0 %38.4 %0.0 %200.0 %-33.0 %
ROI-4.6 %-6.8 %-6.1 %4.9 %-2.2 %
Economic value added (EVA)-4 692.89-10 294.67-10 330.599 811.25-6 393.90
Solvency
Equity ratio22.6 %17.9 %
Gearing294.7 %399.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.1
Current ratio0.50.5
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBB

Variable visualization

ROA:-1.94%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.9%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-21T13:51:26.353Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.