Forward TopCo A/S — Credit Rating and Financial Key Figures

CVR number: 36699884
Torveporten 2, 2500 Valby

Company information

Official name
Forward TopCo A/S
Established
2015
Company form
Limited company
Industry

About Forward TopCo A/S

Forward TopCo A/S (CVR number: 36699884) is a company from KØBENHAVN. The company recorded a gross profit of -76 kDKK in 2023. The operating profit was -76 kDKK, while net earnings were -22 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Forward TopCo A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 929.00-2 290.00- 524.00-65.00-76.00
EBIT- 929.00-2 290.00- 524.00-65.00-76.00
Net earnings- 746.00-2 375.00- 621.00- 106.00-22.00
Shareholders equity total784 532.00782 157.00781 536.00781 430.00781 408.00
Balance sheet total (assets)801 714.00804 359.00834 161.00834 253.00834 235.00
Net debt17.0021 508.0052 488.0048 083.0050 303.00
Profitability
EBIT-%
ROA-0.1 %-0.3 %-0.1 %-0.0 %-0.0 %
ROE-0.1 %-0.3 %-0.1 %-0.0 %-0.0 %
ROI-0.1 %-0.3 %-0.1 %-0.0 %-0.0 %
Economic value added (EVA)-39 231.12-2 668.81- 798.31- 206.6120.66
Solvency
Equity ratio97.9 %97.2 %93.7 %93.7 %93.7 %
Gearing0.0 %2.8 %6.7 %6.8 %6.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.11.11.1
Current ratio1.41.21.11.11.1
Cash and cash equivalents105.0067.004 672.002 452.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:-0.00%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.7%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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