FORMUEADMINISTRATION AF 15. AUGUST 2011 ApS — Credit Rating and Financial Key Figures

CVR number: 30911970
Vestergade 76, 9700 Brønderslev

Credit rating

Company information

Official name
FORMUEADMINISTRATION AF 15. AUGUST 2011 ApS
Established
2007
Company form
Private limited company
Industry

About FORMUEADMINISTRATION AF 15. AUGUST 2011 ApS

FORMUEADMINISTRATION AF 15. AUGUST 2011 ApS (CVR number: 30911970) is a company from Brønderslev. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 127.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORMUEADMINISTRATION AF 15. AUGUST 2011 ApS's liquidity measured by quick ratio was 9.9 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 profit-3.86-3.13-4.39-10.00
EBIT-3.86-3.13-4.39-10.00
Net earnings155.37401.5278.70- 154.37127.13
Shareholders equity total1 462.001 752.921 718.621 449.851 459.18
Balance sheet total (assets)1 629.341 923.541 919.701 623.161 622.48
Net debt76.12-1 320.31-1 441.71-1 430.18-1 436.89
Profitability
EBIT-%
ROA9.8 %22.8 %5.7 %-8.6 %7.8 %
ROE10.8 %25.0 %4.5 %-9.7 %8.7 %
ROI9.9 %22.9 %5.8 %-8.7 %7.9 %
Economic value added (EVA)-57.11-72.170.040.117.22
Solvency
Equity ratio89.7 %91.1 %89.5 %89.3 %89.9 %
Gearing11.2 %9.6 %9.8 %11.3 %11.2 %
Relative net indebtedness %
Liquidity
Quick ratio9.79.38.09.49.9
Current ratio9.79.38.09.49.9
Cash and cash equivalents88.091 487.801 610.021 593.481 600.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBABBBBBBBB

Variable visualization

ROA:7.83%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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