FOLMER SVENDSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOLMER SVENDSEN A/S
FOLMER SVENDSEN A/S (CVR number: 18243776) is a company from GENTOFTE. The company recorded a gross profit of -149.5 kDKK in 2023. The operating profit was -1481.1 kDKK, while net earnings were -722.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.4 %, which can be considered poor and Return on Equity (ROE) was -39.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.3 %, 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. FOLMER SVENDSEN A/S'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 082.18 | 1 432.33 | - 249.42 | -1 032.17 | - 149.51 |
EBIT | 1 860.90 | 135.82 | -1 334.85 | -2 379.87 | -1 481.11 |
Net earnings | 1 391.57 | 104.20 | -1 068.47 | -2 260.65 | - 722.43 |
Shareholders equity total | 6 399.65 | 5 503.86 | 4 435.39 | 2 174.74 | 1 452.31 |
Balance sheet total (assets) | 11 282.64 | 7 291.07 | 6 543.91 | 4 238.09 | 2 675.57 |
Net debt | - 979.88 | -3 960.01 | -3 183.44 | - 844.03 | 540.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.0 % | 1.9 % | -19.1 % | -43.8 % | -42.4 % |
ROE | 22.4 % | 1.8 % | -21.5 % | -68.4 % | -39.8 % |
ROI | 18.9 % | 2.7 % | -23.0 % | -57.7 % | -56.5 % |
Economic value added (EVA) | 1 153.65 | - 144.52 | -1 079.55 | -2 296.38 | -1 079.01 |
Solvency | |||||
Equity ratio | 56.7 % | 75.5 % | 67.8 % | 51.3 % | 54.3 % |
Gearing | 6.9 % | 14.2 % | 17.9 % | 36.1 % | 52.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 3.9 | 2.5 | 1.5 | 1.6 |
Current ratio | 2.8 | 4.0 | 3.0 | 2.0 | 2.1 |
Cash and cash equivalents | 1 419.41 | 4 741.46 | 3 978.80 | 1 628.97 | 226.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
Variable visualization
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