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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 -309.7 kDKK in 2024. The operating profit was -829 kDKK, while net earnings were -644.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.7 %, which can be considered poor and Return on Equity (ROE) was -60.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.8 %, 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. 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 432.33 | - 249.42 | -1 032.17 | - 149.51 | - 309.67 |
| EBIT | 135.82 | -1 334.85 | -2 379.87 | -1 481.11 | - 829.01 |
| Net earnings | 104.20 | -1 068.47 | -2 260.65 | - 722.43 | - 644.75 |
| Shareholders equity total | 5 503.86 | 4 435.39 | 2 174.74 | 1 452.31 | 666.20 |
| Balance sheet total (assets) | 7 291.07 | 6 543.91 | 4 238.09 | 2 675.57 | 1 012.27 |
| Net debt | -3 960.01 | -3 183.44 | - 844.03 | 540.52 | 62.30 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.9 % | -19.1 % | -43.8 % | -42.4 % | -44.7 % |
| ROE | 1.8 % | -21.5 % | -68.4 % | -39.8 % | -60.9 % |
| ROI | 2.7 % | -23.0 % | -57.7 % | -56.5 % | -53.1 % |
| Economic value added (EVA) | - 238.15 | -1 357.20 | -2 536.28 | -1 200.31 | - 758.18 |
| Solvency | |||||
| Equity ratio | 75.5 % | 67.8 % | 51.3 % | 54.3 % | 65.8 % |
| Gearing | 14.2 % | 17.9 % | 36.1 % | 52.8 % | 32.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.9 | 2.5 | 1.5 | 1.6 | 1.6 |
| Current ratio | 4.0 | 3.0 | 2.0 | 2.1 | 2.9 |
| Cash and cash equivalents | 4 741.46 | 3 978.80 | 1 628.97 | 226.82 | 155.78 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BB | BB |
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