Credit rating
Company information
About FORUM MALERFORRETNING ApS
FORUM MALERFORRETNING ApS (CVR number: 34617295) is a company from ESBJERG. The company recorded a gross profit of 188.9 kDKK in 2023. The operating profit was -4.6 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FORUM MALERFORRETNING ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 292.02 | 315.84 | 314.45 | 352.58 | 188.86 |
EBIT | -14.18 | 9.85 | 37.23 | 194.58 | -4.63 |
Net earnings | -18.05 | 1.16 | 22.41 | 152.86 | 0.01 |
Shareholders equity total | -32.12 | -30.96 | -8.55 | 144.30 | 144.31 |
Balance sheet total (assets) | 117.12 | 119.86 | 228.69 | 314.87 | 282.27 |
Net debt | 39.29 | 17.22 | 137.52 | 83.08 | -10.14 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.6 % | 6.6 % | 19.1 % | 71.3 % | 1.6 % |
ROE | -14.4 % | 1.0 % | 12.9 % | 82.0 % | 0.0 % |
ROI | -30.1 % | 34.9 % | 48.0 % | 107.9 % | 2.4 % |
Economic value added (EVA) | -10.49 | 11.47 | 30.18 | 156.50 | -11.88 |
Solvency | |||||
Equity ratio | -21.5 % | -20.5 % | -3.6 % | 45.8 % | 51.1 % |
Gearing | -122.3 % | -55.6 % | -1608.2 % | 57.6 % | 11.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.4 | 0.7 | 1.5 | 1.6 |
Current ratio | 0.4 | 0.4 | 0.7 | 1.5 | 1.7 |
Cash and cash equivalents | 26.18 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | BB |
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