FORENEDE CARE A/S — Credit Rating and Financial Key Figures

FORENEDE CARE A/S (CVR number: 36150513) is a company from BALLERUP. The company reported a net sales of 98.4 mDKK in 2023, demonstrating a decline of -44 % compared to the previous year. The operating profit percentage was poor at -0.7 % (EBIT: -0.6 mDKK), while net earnings were -2006.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FORENEDE CARE A/S's liquidity measured by quick ratio was 1.8 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.