FORAS HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 87694518
Ny Østergade 3, 1101 København K
copenhagen@intertrustgroup.com
tel: 33189000
Free credit report Annual report

Company information

Official name
FORAS HOLDING A/S
Established
1978
Company form
Limited company
Industry

About FORAS HOLDING A/S

FORAS HOLDING A/S (CVR number: 87694518) is a company from KØBENHAVN. The company recorded a gross profit of -696.3 kDKK in 2024. The operating profit was -696.3 kDKK, while net earnings were -671.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.7 %, which can be considered poor and Return on Equity (ROE) was -39.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORAS HOLDING A/S's liquidity measured by quick ratio was 5.3 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 profit- 481.33- 215.55- 262.48- 423.17- 696.27
EBIT- 481.33- 215.55- 262.48- 423.17- 696.27
Net earnings- 457.51- 204.90- 274.83- 424.96- 671.13
Shareholders equity total671.76466.86192.031 708.531 656.73
Balance sheet total (assets)1 083.531 249.001 458.171 857.922 043.01
Net debt320.45523.27912.58-7.56-10.03
Profitability
EBIT-%
ROA-47.1 %-17.0 %-17.9 %-20.3 %-31.7 %
ROE-64.8 %-36.0 %-83.4 %-44.7 %-39.9 %
ROI-52.9 %-19.4 %-22.2 %-23.5 %-36.7 %
Economic value added (EVA)- 511.85- 265.97- 314.49- 480.91- 782.13
Solvency
Equity ratio62.0 %37.4 %13.2 %92.0 %81.1 %
Gearing49.4 %121.7 %498.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.61.61.212.45.3
Current ratio2.61.61.212.45.3
Cash and cash equivalents11.3444.9944.387.5610.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-31.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.1%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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