FORTYFIVE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORTYFIVE ApS
FORTYFIVE ApS (CVR number: 42439940) is a company from KØBENHAVN. The company recorded a gross profit of 345.3 kDKK in 2023. The operating profit was -332.3 kDKK, while net earnings were -285.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.2 %, which can be considered poor and Return on Equity (ROE) was -59.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.9 %, 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. FORTYFIVE ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021  | 2022  | 2023  | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -4.39 | 1 216.14 | 345.29 | 
| EBIT | -4.39 | 786.31 | - 332.29 | 
| Net earnings | -3.65 | 583.19 | - 285.56 | 
| Shareholders equity total | 36.35 | 619.54 | 333.98 | 
| Balance sheet total (assets) | 38.70 | 834.83 | 817.07 | 
| Net debt | -35.35 | - 579.22 | - 172.50 | 
| Profitability | |||
| EBIT-% | |||
| ROA | -11.4 % | 180.0 % | -40.2 % | 
| ROE | -10.0 % | 177.8 % | -59.9 % | 
| ROI | -11.4 % | 237.3 % | -58.7 % | 
| Economic value added (EVA) | -4.39 | 601.66 | - 274.95 | 
| Solvency | |||
| Equity ratio | 93.9 % | 74.2 % | 40.9 % | 
| Gearing | 6.5 % | 0.7 % | 52.0 % | 
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 16.5 | 3.9 | 1.7 | 
| Current ratio | 16.5 | 3.9 | 1.7 | 
| Cash and cash equivalents | 37.70 | 583.83 | 346.14 | 
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | B | BB | BB | 
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