FORM71 ApS — Credit Rating and Financial Key Figures

CVR number: 30493710
Lyskær 8 B, 2730 Herlev
brian@form71.com
tel: 30321004
www.form71.com

Credit rating

Company information

Official name
FORM71 ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About FORM71 ApS

FORM71 ApS (CVR number: 30493710) is a company from HERLEV. The company recorded a gross profit of 2206.1 kDKK in 2023. The operating profit was 27 kDKK, while net earnings were 2121.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.2 %, which can be considered excellent and Return on Equity (ROE) was 75.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.3 %, 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. FORM71 ApS's liquidity measured by quick ratio was 2.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit53.15- 344.28579.022 126.142 206.13
EBIT- 442.35- 839.78- 595.96- 358.7727.01
Net earnings- 329.48- 709.761 225.72816.882 121.94
Shareholders equity total2 415.651 650.592 819.812 636.692 958.62
Balance sheet total (assets)2 768.672 443.403 712.714 086.384 823.84
Net debt15.74347.99- 145.27- 594.19-1 957.29
Profitability
EBIT-%
ROA-13.4 %-32.2 %35.9 %19.5 %50.2 %
ROE-12.6 %-34.9 %54.8 %29.9 %75.8 %
ROI-14.6 %-36.5 %43.9 %27.0 %79.7 %
Economic value added (EVA)- 448.28- 756.17- 511.94- 374.15-42.38
Solvency
Equity ratio87.2 %67.6 %76.0 %64.5 %61.3 %
Gearing2.0 %22.4 %4.6 %0.4 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.72.62.12.2
Current ratio1.40.72.62.12.2
Cash and cash equivalents33.0421.28275.66603.551 964.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:50.2%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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