FORUM MALERFORRETNING ApS — Credit Rating and Financial Key Figures
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 308.4 kDKK in 2024. The operating profit was -1.5 kDKK, while net earnings were -1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 315.84 | 314.45 | 352.58 | 317.42 | 308.37 |
EBIT | 9.85 | 37.23 | 194.58 | -4.63 | -1.50 |
Net earnings | 1.16 | 22.41 | 152.86 | 0.01 | -1.70 |
Shareholders equity total | -30.96 | -8.55 | 144.30 | 144.31 | 142.61 |
Balance sheet total (assets) | 119.86 | 228.69 | 314.87 | 282.27 | 280.29 |
Net debt | 17.22 | 137.52 | 83.08 | -9.26 | -0.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.6 % | 19.1 % | 71.3 % | 1.6 % | 1.1 % |
ROE | 1.0 % | 12.9 % | 82.0 % | 0.0 % | -1.2 % |
ROI | 34.9 % | 48.0 % | 107.9 % | 2.4 % | 1.9 % |
Economic value added (EVA) | 11.47 | 30.18 | 156.50 | -11.88 | -7.44 |
Solvency | |||||
Equity ratio | -20.5 % | -3.6 % | 45.8 % | 51.1 % | 50.9 % |
Gearing | -55.6 % | -1608.2 % | 57.6 % | 11.7 % | 20.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | 1.5 | 1.6 | 1.4 |
Current ratio | 0.4 | 0.7 | 1.5 | 1.7 | 1.5 |
Cash and cash equivalents | 26.18 | 28.56 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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