FORMCPH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORMCPH ApS
FORMCPH ApS (CVR number: 34459843) is a company from FREDERIKSBERG. The company recorded a gross profit of 702.5 kDKK in 2023. The operating profit was -54.2 kDKK, while net earnings were -59.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.6 %, 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. FORMCPH ApS's liquidity measured by quick ratio was 2.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 639.90 | 457.42 | 557.32 | 1 068.62 | 702.49 |
EBIT | 5.60 | 27.64 | -40.11 | 393.36 | -54.23 |
Net earnings | 6.60 | 19.56 | -34.82 | 302.98 | -59.46 |
Shareholders equity total | 213.48 | 233.04 | 198.22 | 501.20 | 441.74 |
Balance sheet total (assets) | 509.66 | 902.11 | 816.46 | 1 573.73 | 694.05 |
Net debt | -88.77 | - 564.35 | - 214.58 | - 501.51 | - 329.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.7 % | 3.9 % | -4.7 % | 32.9 % | -4.8 % |
ROE | 3.1 % | 8.8 % | -16.1 % | 86.6 % | -12.6 % |
ROI | 5.1 % | 12.4 % | -18.6 % | 112.5 % | -11.5 % |
Economic value added (EVA) | -1.15 | 14.72 | -15.27 | 307.37 | -54.21 |
Solvency | |||||
Equity ratio | 41.9 % | 25.8 % | 24.3 % | 31.8 % | 63.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.2 | 1.2 | 1.4 | 2.3 |
Current ratio | 1.5 | 1.3 | 1.2 | 1.4 | 2.5 |
Cash and cash equivalents | 88.77 | 564.35 | 214.58 | 501.51 | 329.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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