FORECY ApS

CVR number: 35527060
Karetmagervej 23, 7100 Vejle

Credit rating

Company information

Official name
FORECY ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About the company

FORECY ApS (CVR number: 35527060) is a company from VEJLE. The company recorded a gross profit of -50.1 kDKK in 2018. The operating profit was -60.1 kDKK, while net earnings were -50.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.7 %, which can be considered poor and Return on Equity (ROE) was -62.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.9 %, 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. FORECY ApS's liquidity measured by quick ratio was 2.1 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
201620172018
Volume
Net sales
Gross profit246.2278.49-50.10
EBIT236.2268.49-60.10
Net earnings185.3852.24-50.48
Shareholders equity total265.38132.6229.52
Balance sheet total (assets)520.99318.6550.95
Net debt5.2522.499.57
Profitability
EBIT-%
ROA46.9 %17.9 %-31.7 %
ROE69.9 %26.3 %-62.3 %
ROI89.8 %35.1 %-60.3 %
Economic value added (EVA)184.2540.09-53.54
Solvency
Equity ratio50.9 %41.6 %57.9 %
Gearing2.0 %17.0 %32.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.62.1
Current ratio1.91.62.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-31.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.9%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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