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Form and Refine ApS — Credit Rating and Financial Key Figures

CVR number: 39313820
Industrivej 14 B, 8680 Ry
info@formandrefine.com
tel: 29842978
www.formandrefine.com
Free credit report Annual report

Credit rating

Company information

Official name
Form and Refine ApS
Personnel
7 persons
Established
2018
Company form
Private limited company
Industry

About Form and Refine ApS

Form and Refine ApS (CVR number: 39313820) is a company from SKANDERBORG. The company recorded a gross profit of 5464.8 kDKK in 2025. The operating profit was 1335.5 kDKK, while net earnings were 992 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 39.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Form and Refine ApS's liquidity measured by quick ratio was 1.9 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 800.442 723.932 979.843 387.285 464.80
EBIT221.42275.0790.58149.961 335.52
Net earnings124.19133.8445.2195.70992.04
Shareholders equity total1 719.161 853.001 898.211 993.912 985.95
Balance sheet total (assets)5 346.186 442.795 267.495 532.146 769.82
Net debt-1 068.22297.16-1 046.23-1 531.59-2 049.50
Profitability
EBIT-%
ROA4.8 %5.1 %2.9 %3.3 %21.8 %
ROE7.5 %7.5 %2.4 %4.9 %39.8 %
ROI6.1 %8.3 %6.2 %8.1 %51.4 %
Economic value added (EVA)78.84109.87-96.383.00922.53
Solvency
Equity ratio32.2 %29.5 %37.0 %38.0 %46.4 %
Gearing70.0 %9.9 %9.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.22.02.21.9
Current ratio3.12.03.23.03.0
Cash and cash equivalents1 068.22999.111 233.731 719.092 049.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:46.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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