FALCK FORMCO A/S — Credit Rating and Financial Key Figures

CVR number: 13335001
Automatikvej 1, 2860 Søborg
office@falckformco.dk
tel: 39648511
www.falckformco.dk

Company information

Official name
FALCK FORMCO A/S
Personnel
2 persons
Established
1989
Company form
Limited company
Industry

About FALCK FORMCO A/S

FALCK FORMCO A/S (CVR number: 13335001) is a company from GLADSAXE. The company recorded a gross profit of 2809.1 kDKK in 2023. The operating profit was 888.8 kDKK, while net earnings were 674.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FALCK FORMCO A/S's liquidity measured by quick ratio was 2.4 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 profit1 716.002 033.272 713.494 326.092 809.13
EBIT276.00644.32573.582 388.80888.85
Net earnings233.00502.82499.321 837.59674.74
Shareholders equity total1 508.001 553.691 710.013 048.602 223.34
Balance sheet total (assets)2 664.002 080.552 451.734 819.383 414.45
Net debt-1 044.00- 851.08-1 384.09-1 476.87- 565.32
Profitability
EBIT-%
ROA11.2 %28.0 %29.3 %65.8 %21.6 %
ROE16.1 %32.8 %30.6 %77.2 %25.6 %
ROI20.7 %43.2 %40.6 %100.2 %33.5 %
Economic value added (EVA)162.31473.52405.791 819.85598.91
Solvency
Equity ratio56.6 %74.7 %69.7 %63.3 %65.1 %
Gearing1.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.33.73.12.32.4
Current ratio2.43.93.32.42.5
Cash and cash equivalents1 061.00851.081 384.091 476.87565.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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