FORMIDLINGSGRUPPEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORMIDLINGSGRUPPEN ApS
FORMIDLINGSGRUPPEN ApS (CVR number: 34886733) is a company from HOLSTEBRO. The company recorded a gross profit of -52 kDKK in 2019. The operating profit was -52 kDKK, while net earnings were -52.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.1 %, which can be considered poor and Return on Equity (ROE) was -64.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FORMIDLINGSGRUPPEN 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 259.88 | 432.45 | 159.97 | -52.02 |
EBIT | -71.16 | 119.68 | -0.25 | -52.02 |
Net earnings | -71.16 | 107.24 | -2.20 | -52.09 |
Shareholders equity total | 28.42 | 135.67 | 133.46 | 28.37 |
Balance sheet total (assets) | 75.49 | 321.06 | 222.00 | 74.76 |
Net debt | -24.46 | - 168.38 | - 118.93 | -29.22 |
Profitability | ||||
EBIT-% | ||||
ROA | -94.3 % | 60.4 % | -0.1 % | -35.1 % |
ROE | -250.4 % | 130.7 % | -1.6 % | -64.4 % |
ROI | -241.5 % | 102.5 % | -0.1 % | -49.4 % |
Economic value added (EVA) | -71.16 | 107.42 | 4.83 | -52.60 |
Solvency | ||||
Equity ratio | 37.6 % | 42.3 % | 60.1 % | 37.9 % |
Gearing | 3.7 % | 50.4 % | 2.3 % | 160.5 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.7 | 1.8 | 2.9 | 1.6 |
Current ratio | 1.7 | 1.8 | 2.9 | 1.6 |
Cash and cash equivalents | 25.49 | 236.76 | 122.00 | 74.76 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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