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FORST TEAM PRODUKTION ApS — Credit Rating and Financial Key Figures

CVR number: 21085693
Sandbjergvej 26, Søvind 8700 Horsens
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Credit rating

Company information

Official name
FORST TEAM PRODUKTION ApS
Personnel
4 persons
Established
1998
Domicile
Søvind
Company form
Private limited company
Industry

About FORST TEAM PRODUKTION ApS

FORST TEAM PRODUKTION ApS (CVR number: 21085693) is a company from HORSENS. The company recorded a gross profit of 1801.5 kDKK in 2024. The operating profit was -267.9 kDKK, while net earnings were -288.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 062.661 718.111 654.641 571.971 801.51
EBIT552.26289.77196.39248.05- 267.88
Net earnings226.92101.7742.38159.21- 288.83
Shareholders equity total6 569.236 671.006 713.386 872.596 583.76
Balance sheet total (assets)12 971.3412 542.1012 261.2511 178.2810 929.34
Net debt4 050.143 952.273 870.463 620.952 826.70
Profitability
EBIT-%
ROA4.2 %2.6 %1.9 %2.7 %-1.6 %
ROE3.5 %1.5 %0.6 %2.3 %-4.3 %
ROI4.4 %2.8 %2.1 %2.9 %-1.8 %
Economic value added (EVA)- 225.27- 394.51- 455.49- 336.96- 741.59
Solvency
Equity ratio50.6 %53.2 %54.8 %61.5 %60.2 %
Gearing62.1 %59.7 %58.4 %53.2 %43.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.30.30.2
Current ratio3.33.02.92.93.6
Cash and cash equivalents30.4730.8848.1534.3730.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-1.64%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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