FORST TEAM PRODUKTION ApS — Credit Rating and Financial Key Figures

CVR number: 21085693
Sandbjergvej 26, Søvind 8700 Horsens

Credit rating

Company information

Official name
FORST TEAM PRODUKTION ApS
Personnel
4 persons
Established
1998
Domicile
Søvind
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

About FORST TEAM PRODUKTION ApS

FORST TEAM PRODUKTION ApS (CVR number: 21085693) is a company from HORSENS. The company recorded a gross profit of 1572 kDKK in 2023. The operating profit was 248.1 kDKK, while net earnings were 159.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. FORST TEAM PRODUKTION ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 956.082 062.661 718.111 654.641 571.97
EBIT588.00552.26289.77196.39248.05
Net earnings269.29226.92101.7742.38159.21
Shareholders equity total6 342.316 569.236 671.006 713.386 872.59
Balance sheet total (assets)13 623.2512 971.3412 542.1012 261.2511 178.28
Net debt4 483.714 050.143 952.273 870.463 620.95
Profitability
EBIT-%
ROA4.4 %4.2 %2.6 %1.9 %2.7 %
ROE4.3 %3.5 %1.5 %0.6 %2.3 %
ROI4.6 %4.4 %2.8 %2.1 %2.9 %
Economic value added (EVA)21.69-7.41- 205.02- 278.83- 172.26
Solvency
Equity ratio46.6 %50.6 %53.2 %54.8 %61.5 %
Gearing71.2 %62.1 %59.7 %58.4 %53.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.20.30.3
Current ratio3.13.33.02.92.9
Cash and cash equivalents30.3130.4730.8848.1534.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:2.72%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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