FORE LEFT ApS — Credit Rating and Financial Key Figures

CVR number: 21669997
Violstræde 4, 4000 Roskilde
tel: 46367798

Company information

Official name
FORE LEFT ApS
Established
1999
Company form
Private limited company
Industry

About FORE LEFT ApS

FORE LEFT ApS (CVR number: 21669997K) is a company from ROSKILDE. The company reported a net sales of 85.2 mDKK in 2018, demonstrating a decline of -24.5 % compared to the previous year. The operating profit percentage was poor at -4.4 % (EBIT: -3.7 mDKK), while net earnings were -2910.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -7.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.3 %, 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. FORE LEFT 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2016
2017
2018
Volume
Net sales105.78112.8585.16
Gross profit15.7016.089.98
EBIT1.601.21-3.75
Net earnings1.261.58-2.91
Shareholders equity total39.7640.3436.93
Balance sheet total (assets)62.9669.7366.80
Net debt10.9719.0621.70
Profitability
EBIT-%1.5 %1.1 %-4.4 %
ROA3.4 %3.5 %-4.3 %
ROE3.2 %3.9 %-7.5 %
ROI3.9 %4.0 %-4.9 %
Economic value added (EVA)1.24-1.24-5.41
Solvency
Equity ratio63.2 %57.9 %55.3 %
Gearing36.6 %51.0 %62.0 %
Relative net indebtedness %18.5 %24.5 %33.4 %
Liquidity
Quick ratio1.31.00.8
Current ratio3.12.82.5
Cash and cash equivalents3.591.521.20
Capital use efficiency
Trade debtors turnover (days)38.536.832.0
Net working capital %27.4 %27.3 %32.8 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:-4.30%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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