Forzes A/S — Credit Rating and Financial Key Figures

CVR number: 41938595
Strandvejen 16, 7800 Skive

Credit rating

Company information

Official name
Forzes A/S
Personnel
7 persons
Established
2020
Company form
Limited company
Industry

About Forzes A/S

Forzes A/S (CVR number: 41938595) is a company from SKIVE. The company recorded a gross profit of 9545 kDKK in 2024. The operating profit was -1458 kDKK, while net earnings were -1172 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50 %, 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 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit19 610.0016 591.008 654.009 545.00
EBIT1 256.001 770.00-2 324.00-1 458.00
Net earnings682.001 275.00-1 889.00-1 172.00
Shareholders equity total10 682.0011 957.0010 068.008 896.00
Balance sheet total (assets)46 146.0023 931.0017 275.0017 143.00
Net debt426.00-1 568.00908.00
Profitability
EBIT-%
ROA2.7 %5.1 %-10.9 %-7.9 %
ROE6.4 %11.3 %-17.2 %-12.4 %
ROI2.7 %5.7 %-15.9 %-12.3 %
Economic value added (EVA)1 256.00812.96-2 680.06-1 749.22
Solvency
Equity ratio100.0 %48.8 %57.6 %50.0 %
Gearing38.0 %17.5 %14.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.51.1
Current ratio2.02.32.0
Cash and cash equivalents4 119.003 333.00419.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBB

Variable visualization

ROA:-7.85%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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