FOMETECH A/S — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
FOMETECH A/S
Personnel
4 persons
Established
2014
Company form
Limited company
Industry

About FOMETECH A/S

FOMETECH A/S (CVR number: 35664181) is a company from VEJLE. The company recorded a gross profit of 1724.4 kDKK in 2024. The operating profit was 665.9 kDKK, while net earnings were 521.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 22.7 %, which can be considered excellent. 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. FOMETECH A/S's liquidity measured by quick ratio was 2.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 148.691 016.221 168.381 298.491 724.36
EBIT414.1431.11230.45303.33665.91
Net earnings312.9514.47173.75235.45521.45
Shareholders equity total1 615.881 630.351 804.092 039.542 560.99
Balance sheet total (assets)2 395.072 463.612 228.392 834.503 493.96
Net debt- 804.50- 906.40- 631.98- 838.66- 988.82
Profitability
EBIT-%
ROA18.8 %1.3 %9.8 %12.0 %21.2 %
ROE20.1 %0.9 %10.1 %12.3 %22.7 %
ROI26.1 %1.9 %13.0 %15.1 %27.7 %
Economic value added (EVA)243.33-63.4893.03140.82409.32
Solvency
Equity ratio67.5 %66.2 %81.0 %72.0 %73.3 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.03.92.12.7
Current ratio2.52.44.82.63.1
Cash and cash equivalents804.50906.50631.98838.66988.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:21.2%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.3%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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