Formgivning ApS — Credit Rating and Financial Key Figures

CVR number: 42941638
Gammel Kongevej 138 A, 1850 Frederiksberg C
millekortland@gmail.com
tel: 42712434

Credit rating

Company information

Official name
Formgivning ApS
Personnel
2 persons
Established
2022
Company form
Private limited company
Industry
  • Expand more icon90Creative, arts and entertainment activities

About Formgivning ApS

Formgivning ApS (CVR number: 42941638) is a company from FREDERIKSBERG. The company recorded a gross profit of 3716.2 kDKK in 2023. The operating profit was 2316.6 kDKK, while net earnings were 1699.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 118.2 %, which can be considered excellent and Return on Equity (ROE) was 152.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, 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. Formgivning ApS'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
20222023
Volume
Net sales
Gross profit1 462.493 716.18
EBIT401.392 316.60
Net earnings283.471 699.64
Shareholders equity total323.471 905.31
Balance sheet total (assets)647.063 275.83
Net debt- 145.06-2 142.85
Profitability
EBIT-%
ROA62.0 %118.2 %
ROE87.6 %152.5 %
ROI116.4 %206.0 %
Economic value added (EVA)287.911 726.45
Solvency
Equity ratio50.0 %58.2 %
Gearing6.6 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.4
Current ratio2.02.4
Cash and cash equivalents166.482 143.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:118.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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