Forumlund Fur Company ApS — Credit Rating and Financial Key Figures

CVR number: 38018078
Ølufgårdsvej 51, 6715 Esbjerg N

Credit rating

Company information

Official name
Forumlund Fur Company ApS
Established
2016
Company form
Private limited company
Industry

About Forumlund Fur Company ApS

Forumlund Fur Company ApS (CVR number: 38018078) is a company from ESBJERG. The company recorded a gross profit of -8.4 kDKK in 2023. The operating profit was -8.4 kDKK, while net earnings were -8.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Forumlund Fur Company ApS's liquidity measured by quick ratio was 0.8 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-5.14-5.74-9.34-27.09-8.40
EBIT-5.14-5.74-9.34-27.09-8.40
Net earnings-8.69-6.88-10.08-32.43-8.37
Shareholders equity total47.0040.1329.182 996.752 988.38
Balance sheet total (assets)163.31113.13102.933 069.753 061.38
Net debt- 163.04-90.70-88.93-61.75-61.21
Profitability
EBIT-%
ROA-1.7 %-4.2 %-8.6 %-1.7 %-0.3 %
ROE-8.6 %-15.8 %-29.1 %-2.1 %-0.3 %
ROI-5.1 %-13.2 %-27.0 %-1.8 %-0.3 %
Economic value added (EVA)9.520.09-6.80-24.09-5.15
Solvency
Equity ratio28.8 %35.5 %28.3 %97.6 %97.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.41.00.8
Current ratio1.41.51.41.00.8
Cash and cash equivalents163.0490.7088.9361.7561.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-0.27%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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