FORMICA ApS — Credit Rating and Financial Key Figures

FORMICA ApS (CVR number: 40048278) is a company from SKANDERBORG. The company recorded a gross profit of -2.2 kDKK in 2023. The operating profit was -2.2 kDKK, while net earnings were -1.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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. FORMICA ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.