Forzes A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Forzes A/S
Forzes A/S (CVR number: 41938595) is a company from SKIVE. The company recorded a gross profit of 8654 kDKK in 2023. The operating profit was -2324 kDKK, while net earnings were -1889 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.9 %, which can be considered poor and Return on Equity (ROE) was -17.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. Forzes A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 19 610.00 | 16 591.00 | 8 654.00 |
EBIT | 1 256.00 | 1 770.00 | -2 324.00 |
Net earnings | 682.00 | 1 275.00 | -1 889.00 |
Shareholders equity total | 10 682.00 | 11 957.00 | 10 068.00 |
Balance sheet total (assets) | 46 146.00 | 23 931.00 | 17 276.00 |
Net debt | 426.00 | -1 568.00 | |
Profitability | |||
EBIT-% | |||
ROA | 2.7 % | 5.1 % | -10.9 % |
ROE | 6.4 % | 11.3 % | -17.2 % |
ROI | 2.7 % | 5.7 % | -15.9 % |
Economic value added (EVA) | 1 256.00 | 812.96 | -2 215.45 |
Solvency | |||
Equity ratio | 100.0 % | 48.8 % | 57.6 % |
Gearing | 38.0 % | 17.5 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.0 | 1.5 | |
Current ratio | 2.0 | 2.3 | |
Cash and cash equivalents | 4 119.00 | 3 333.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | AA | BBB |
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