FORS Vand Roskilde A/S — Credit Rating and Financial Key Figures

CVR number: 32837859
Betonvej 12, 4000 Roskilde

Credit rating

Company information

Official name
FORS Vand Roskilde A/S
Established
2010
Company form
Limited company
Industry
  • Expand more icon36Water collection, treatment and supply

About FORS Vand Roskilde A/S

FORS Vand Roskilde A/S (CVR number: 32837859) is a company from ROSKILDE. The company reported a net sales of 51.4 mDKK in 2023, demonstrating a growth of 38.7 % compared to the previous year. The operating profit percentage was at 26.5 % (EBIT: 13.6 mDKK), while net earnings were 15.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORS Vand Roskilde A/S's liquidity measured by quick ratio was 8.7 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales32.7633.4334.1737.0951.43
Gross profit7.629.078.4811.6823.70
EBIT-1.30-0.320.112.5313.63
Net earnings-0.501.840.643.4915.38
Shareholders equity total321.46323.30323.94327.44342.82
Balance sheet total (assets)386.77390.87394.64405.05421.27
Net debt-9.87-14.36-24.79-33.65-8.09
Profitability
EBIT-%-4.0 %-1.0 %0.3 %6.8 %26.5 %
ROA-0.3 %-0.1 %0.0 %0.7 %3.5 %
ROE-0.2 %0.6 %0.2 %1.1 %4.6 %
ROI-0.4 %-0.1 %0.0 %0.8 %4.2 %
Economic value added (EVA)-3.25-15.54-15.11-13.120.27
Solvency
Equity ratio83.1 %82.7 %82.1 %80.9 %81.6 %
Gearing6.8 %6.5 %4.9 %5.4 %4.0 %
Relative net indebtedness %103.0 %96.7 %87.7 %71.0 %109.9 %
Liquidity
Quick ratio4.76.711.49.68.7
Current ratio4.76.710.99.37.9
Cash and cash equivalents31.5835.2340.7251.2821.93
Capital use efficiency
Trade debtors turnover (days)23.758.511.220.19.7
Net working capital %139.9 %166.0 %181.0 %193.7 %137.3 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:3.53%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.6%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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