Forma Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 25296230
Sorgenfri Allé 34, Dalum 5250 Odense SV

Company information

Official name
Forma Danmark ApS
Personnel
1 person
Established
2000
Domicile
Dalum
Company form
Private limited company
Industry

About Forma Danmark ApS

Forma Danmark ApS (CVR number: 25296230) is a company from ODENSE. The company recorded a gross profit of -111 kDKK in 2023. The operating profit was -111 kDKK, while net earnings were 537.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Forma Danmark ApS's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-20.30- 106.00- 173.00-60.00- 111.03
EBIT-20.30- 106.00- 173.00-60.00- 111.03
Net earnings744.72315.0010 150.001 147.00537.16
Shareholders equity total6 974.087 179.0017 216.0018 248.0018 667.52
Balance sheet total (assets)7 432.179 004.0018 127.0019 222.0020 386.21
Net debt-3 252.80-1 284.00-1 895.00-1 872.00-2 305.89
Profitability
EBIT-%
ROA11.2 %5.5 %75.5 %12.5 %4.4 %
ROE11.2 %4.5 %83.2 %6.5 %2.9 %
ROI11.2 %5.5 %75.8 %12.5 %4.5 %
Economic value added (EVA)28.94-28.65- 144.20270.88358.70
Solvency
Equity ratio93.8 %79.7 %95.0 %94.9 %91.6 %
Gearing6.3 %24.8 %4.9 %5.3 %9.1 %
Relative net indebtedness %
Liquidity
Quick ratio11.33.87.97.05.0
Current ratio11.33.87.97.05.0
Cash and cash equivalents3 689.533 062.002 733.002 834.004 007.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:4.45%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.6%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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