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

CVR number: 36150513
Borupvang 5 E, 2750 Ballerup
info@forenede-care.dk
tel: 39695050
www.forenedecare.dk
Free credit report Annual report

Company information

Official name
FORENEDE CARE A/S
Personnel
391 persons
Established
1971
Company form
Limited company
Industry

About FORENEDE CARE A/S

FORENEDE CARE A/S (CVR number: 36150513) is a company from BALLERUP. The company reported a net sales of 141.4 mDKK in 2024, demonstrating a growth of 43.8 % compared to the previous year. The operating profit percentage was at 4.5 % (EBIT: 6.4 mDKK), while net earnings were 14.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 53.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.2 %, 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. FORENEDE CARE A/S's liquidity measured by quick ratio was 2.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales146.95160.07175.6498.35141.43
Gross profit- 139.21- 156.22151.7288.69132.01
EBIT- 261.73- 294.362.16-0.646.37
Net earnings7.104.191.42-2.0114.26
Shareholders equity total20.8120.3321.7519.7434.01
Balance sheet total (assets)60.1753.1955.5463.6372.03
Net debt-15.90-5.183.2512.694.56
Profitability
EBIT-%-178.1 %-183.9 %1.2 %-0.7 %4.5 %
ROA-520.1 %-518.7 %3.8 %-3.0 %26.9 %
ROE41.1 %20.4 %6.8 %-9.7 %53.1 %
ROI-1052.0 %-908.4 %5.8 %-4.2 %35.6 %
Economic value added (EVA)- 210.85- 230.580.63-1.771.82
Solvency
Equity ratio34.6 %38.2 %39.2 %31.0 %47.2 %
Gearing3.6 %15.5 %64.7 %13.7 %
Relative net indebtedness %16.0 %16.8 %18.5 %40.0 %23.0 %
Liquidity
Quick ratio2.02.32.31.82.1
Current ratio2.02.32.31.82.1
Cash and cash equivalents15.905.930.110.090.08
Capital use efficiency
Trade debtors turnover (days)67.056.345.457.360.3
Net working capital %18.2 %17.0 %15.1 %22.3 %17.6 %
Credit risk
Credit ratingBBBBAAAAA

Variable visualization

ROA:26.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.2%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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