FOMETECH A/S

CVR number: 35664181
Nordkrogen 5 B, 7300 Jelling
info@fometech.dk
tel: 75870087
www.fometech.dk

Credit rating

Company information

Official name
FOMETECH A/S
Personnel
3 persons
Established
2014
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About the company

FOMETECH A/S (CVR number: 35664181) is a company from VEJLE. The company recorded a gross profit of 1298.5 kDKK in 2023. The operating profit was 303.3 kDKK, while net earnings were 235.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72 %, 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. FOMETECH A/S's liquidity measured by quick ratio was 2.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 125.291 148.691 016.221 168.381 298.49
EBIT457.24414.1431.11230.45303.33
Net earnings347.97312.9514.47173.75235.45
Shareholders equity total1 502.931 615.881 630.351 804.092 039.54
Balance sheet total (assets)2 018.432 395.072 463.612 228.392 834.50
Net debt-1 049.18- 804.50- 906.40- 631.98- 838.66
Profitability
EBIT-%
ROA23.1 %18.8 %1.3 %9.8 %12.0 %
ROE24.4 %20.1 %0.9 %10.1 %12.3 %
ROI31.4 %26.1 %1.9 %13.0 %15.1 %
Economic value added (EVA)319.48297.26-21.59140.49176.44
Solvency
Equity ratio74.5 %67.5 %66.2 %81.0 %72.0 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.22.03.92.1
Current ratio3.12.52.44.82.6
Cash and cash equivalents1 049.18804.50906.50631.98838.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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