Forza Car Roskilde ApS — Credit Rating and Financial Key Figures

CVR number: 38954636
Københavnsvej 130, 4000 Roskilde

Credit rating

Company information

Official name
Forza Car Roskilde ApS
Personnel
4 persons
Established
2017
Company form
Private limited company
Industry

About Forza Car Roskilde ApS

Forza Car Roskilde ApS (CVR number: 38954636) is a company from ROSKILDE. The company recorded a gross profit of 1506.7 kDKK in 2023. The operating profit was -526 kDKK, while net earnings were -445.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -47.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Forza Car Roskilde ApS's liquidity measured by quick ratio was 0.5 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 524.301 139.911 533.872 318.551 506.73
EBIT776.64- 166.60277.75591.86- 526.00
Net earnings524.49- 233.2494.53552.86- 445.88
Shareholders equity total1 385.00507.19601.721 154.58708.69
Balance sheet total (assets)4 085.376 775.884 877.834 377.263 868.82
Net debt822.29- 302.50664.561 445.052 087.46
Profitability
EBIT-%
ROA23.9 %-3.1 %4.8 %12.8 %-12.8 %
ROE46.7 %-24.7 %17.0 %63.0 %-47.9 %
ROI43.7 %-6.7 %12.5 %20.3 %-15.7 %
Economic value added (EVA)565.58- 182.84287.06578.80- 473.34
Solvency
Equity ratio33.9 %7.5 %12.3 %26.4 %19.3 %
Gearing94.7 %347.7 %260.8 %216.6 %329.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.30.90.5
Current ratio1.51.01.41.91.7
Cash and cash equivalents488.712 065.85904.611 056.25247.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBABBB

Variable visualization

ROA:-12.8%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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