FORS Vand Roskilde A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 58.4 mDKK in 2024, demonstrating a growth of 13.5 % compared to the previous year. The operating profit percentage was at 31.1 % (EBIT: 18.1 mDKK), while net earnings were 16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.3 %, 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. FORS Vand Roskilde A/S's liquidity measured by quick ratio was 1.9 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 33.43 | 34.17 | 37.09 | 51.43 | 58.37 |
Gross profit | 9.07 | 8.48 | 11.68 | 23.70 | 26.61 |
EBIT | -0.32 | 0.11 | 2.53 | 13.63 | 18.13 |
Net earnings | 1.84 | 0.64 | 3.49 | 14.17 | 16.46 |
Shareholders equity total | 323.30 | 323.94 | 327.44 | 315.88 | 332.34 |
Balance sheet total (assets) | 390.87 | 394.64 | 405.05 | 417.76 | 453.62 |
Net debt | -14.36 | -24.79 | -33.65 | -8.93 | -43.11 |
Profitability | |||||
EBIT-% | -1.0 % | 0.3 % | 6.8 % | 26.5 % | 31.1 % |
ROA | -0.1 % | 0.0 % | 0.7 % | 3.5 % | 4.5 % |
ROE | 0.6 % | 0.2 % | 1.1 % | 4.4 % | 5.1 % |
ROI | -0.1 % | 0.0 % | 0.8 % | 4.3 % | 5.8 % |
Economic value added (EVA) | -17.47 | -17.22 | -15.28 | -3.71 | -0.97 |
Solvency | |||||
Equity ratio | 82.7 % | 82.1 % | 80.9 % | 75.8 % | 73.3 % |
Gearing | 6.5 % | 4.9 % | 5.4 % | 4.1 % | 4.1 % |
Relative net indebtedness % | 96.7 % | 87.7 % | 71.0 % | 155.4 % | 110.7 % |
Liquidity | |||||
Quick ratio | 6.7 | 11.4 | 9.6 | 2.4 | 1.9 |
Current ratio | 6.7 | 10.9 | 9.3 | 2.3 | 1.9 |
Cash and cash equivalents | 35.23 | 40.72 | 51.28 | 21.93 | 56.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 58.5 | 11.2 | 20.1 | 9.7 | 62.5 |
Net working capital % | 166.0 % | 181.0 % | 193.7 % | 84.9 % | 77.1 % |
Credit risk | |||||
Credit rating | AA | AA | AAA | AAA | AAA |
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