FORSSTRØM ApS — Credit Rating and Financial Key Figures

CVR number: 30548035
Kochsgade 31 B, 5000 Odense C

Credit rating

Company information

Official name
FORSSTRØM ApS
Personnel
6 persons
Established
2007
Company form
Private limited company
Industry

About FORSSTRØM ApS

FORSSTRØM ApS (CVR number: 30548035) is a company from ODENSE. The company recorded a gross profit of 3260.6 kDKK in 2024. The operating profit was 463.4 kDKK, while net earnings were 359.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent and Return on Equity (ROE) was 40.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.6 %, 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. FORSSTRØM ApS's liquidity measured by quick ratio was 2.8 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 profit2 775.672 439.004 604.913 552.183 260.57
EBIT771.15135.32855.09325.69463.42
Net earnings595.40100.31644.48249.62359.10
Shareholders equity total1 140.49640.801 185.28834.90944.00
Balance sheet total (assets)2 497.111 453.962 534.651 626.661 610.91
Net debt-1 641.83- 478.50- 981.78-1 082.10- 630.14
Profitability
EBIT-%
ROA35.0 %7.1 %43.3 %15.7 %29.0 %
ROE57.1 %11.3 %70.6 %24.7 %40.4 %
ROI69.4 %14.1 %89.6 %31.9 %50.0 %
Economic value added (EVA)620.47127.32635.96241.72370.43
Solvency
Equity ratio45.7 %44.1 %46.8 %51.3 %58.6 %
Gearing3.3 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.02.02.32.8
Current ratio2.02.02.02.32.8
Cash and cash equivalents1 641.83478.50981.781 109.40705.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:29.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.6%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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