FROMBERG FORMUEPLEJE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FROMBERG FORMUEPLEJE ApS
FROMBERG FORMUEPLEJE ApS (CVR number: 28684207) is a company from ODENSE. The company reported a net sales of -0.1 mDKK in 2023, demonstrating a decline of -3193.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -34.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FROMBERG FORMUEPLEJE ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 153.73 | 62.57 | -17.54 | 3.29 | - 101.76 |
Gross profit | 151.86 | 61.31 | -21.02 | 1.41 | - 104.75 |
EBIT | 151.86 | 61.31 | -21.02 | 1.41 | - 104.75 |
Net earnings | 197.38 | 78.28 | 39.79 | -72.77 | -34.21 |
Shareholders equity total | 956.40 | 934.67 | 874.47 | 701.70 | 567.49 |
Balance sheet total (assets) | 1 035.25 | 1 086.31 | 1 110.95 | 994.95 | 933.63 |
Net debt | - 529.16 | - 611.91 | - 677.15 | - 410.17 | - 373.72 |
Profitability | |||||
EBIT-% | 98.8 % | 98.0 % | 42.7 % | ||
ROA | 20.8 % | 7.8 % | 5.2 % | 0.8 % | -3.5 % |
ROE | 21.7 % | 8.3 % | 4.4 % | -9.2 % | -5.4 % |
ROI | 23.1 % | 8.8 % | 6.3 % | 0.9 % | -3.5 % |
Economic value added (EVA) | 150.41 | 52.46 | -10.21 | 3.78 | -92.28 |
Solvency | |||||
Equity ratio | 92.4 % | 86.0 % | 78.7 % | 70.5 % | 60.8 % |
Gearing | 41.6 % | 64.3 % | |||
Relative net indebtedness % | -292.9 % | -735.6 % | 2513.1 % | -12429.9 % | 366.0 % |
Liquidity | |||||
Quick ratio | 9.6 | 4.9 | 3.7 | 2.5 | 2.5 |
Current ratio | 9.6 | 4.9 | 3.7 | 2.5 | 2.5 |
Cash and cash equivalents | 529.16 | 611.91 | 677.15 | 702.07 | 738.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 382.3 % | 381.5 % | -276.5 % | -1450.9 % | 101.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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