FORZABIKES.DK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORZABIKES.DK ApS
FORZABIKES.DK ApS (CVR number: 31767369) is a company from VEJLE. The company recorded a gross profit of 19.2 kDKK in 2024. The operating profit was -36.4 kDKK, while net earnings were -54.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.1 %, 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. FORZABIKES.DK ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 177.00 | 296.00 | 148.00 | 124.00 | 19.15 |
EBIT | 125.00 | 245.00 | 95.00 | 72.00 | -36.38 |
Net earnings | 89.00 | 183.00 | 68.00 | 48.00 | -54.12 |
Shareholders equity total | 362.00 | 545.00 | 612.00 | 661.00 | 607.20 |
Balance sheet total (assets) | 1 257.00 | 1 146.00 | 1 362.00 | 1 521.00 | 1 408.86 |
Net debt | - 565.00 | - 439.00 | - 260.00 | - 391.00 | - 486.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.2 % | 20.4 % | 7.6 % | 5.0 % | -2.4 % |
ROE | 28.0 % | 40.4 % | 11.8 % | 7.5 % | -8.5 % |
ROI | 33.6 % | 47.4 % | 14.9 % | 10.2 % | -5.0 % |
Economic value added (EVA) | 104.92 | 200.99 | 68.08 | 38.05 | -41.85 |
Solvency | |||||
Equity ratio | 28.8 % | 47.6 % | 44.9 % | 43.5 % | 43.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 0.4 | 0.5 | 0.7 |
Current ratio | 1.4 | 1.9 | 1.8 | 1.8 | 1.7 |
Cash and cash equivalents | 565.00 | 439.00 | 260.00 | 391.00 | 486.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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