FORMEL HOLDING ApS — Credit Rating and Financial Key Figures

FORMEL HOLDING ApS (CVR number: 35677577) is a company from FREDERIKSBERG. The company recorded a gross profit of -65.5 kDKK in 2023. The operating profit was -65.5 kDKK, while net earnings were 5914.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.2 %, which can be considered excellent and Return on Equity (ROE) was 43.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORMEL HOLDING ApS's liquidity measured by quick ratio was 4.5 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.