Form and Refine ApS

CVR number: 39313820
Kyhnsvej 5, 8680 Ry
info@formandrefine.com
tel: 29842978
www.formandrefine.com

Credit rating

Company information

Official name
Form and Refine ApS
Personnel
6 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Form and Refine ApS

Form and Refine ApS (CVR number: 39313820) is a company from SKANDERBORG. The company recorded a gross profit of 2951.8 kDKK in 2023. The operating profit was 90.6 kDKK, while net earnings were 45.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37 %, 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. Form and Refine ApS's liquidity measured by quick ratio was 2 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
20192020202120222023
Volume
Net sales
Gross profit449.63865.841 800.442 723.932 951.85
EBIT413.11422.15221.42275.0790.58
Net earnings322.86267.38124.19133.8445.21
Shareholders equity total1 327.591 594.971 719.161 853.001 898.21
Balance sheet total (assets)2 337.234 470.475 346.186 442.795 267.49
Net debt37.96-1 598.51-1 068.22297.16-1 046.23
Profitability
EBIT-%
ROA23.8 %12.5 %4.8 %5.1 %2.9 %
ROE27.7 %18.3 %7.5 %7.5 %2.4 %
ROI30.9 %15.7 %6.1 %8.3 %6.2 %
Economic value added (EVA)373.08312.66167.48172.6035.10
Solvency
Equity ratio56.8 %35.7 %32.2 %29.5 %37.0 %
Gearing12.1 %70.0 %9.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.73.31.61.22.0
Current ratio2.05.23.12.03.2
Cash and cash equivalents123.221 598.511 068.22999.111 233.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.87%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.0%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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