FOLKERSEN AUTOMOBILER ApS — Credit Rating and Financial Key Figures

CVR number: 19188671
Bomose Alle 15, 3200 Helsinge
tel: 48797767

Company information

Official name
FOLKERSEN AUTOMOBILER ApS
Personnel
11 persons
Established
1996
Company form
Private limited company
Industry

About FOLKERSEN AUTOMOBILER ApS

FOLKERSEN AUTOMOBILER ApS (CVR number: 19188671) is a company from GRIBSKOV. The company recorded a gross profit of 5960.6 kDKK in 2024. The operating profit was 989.3 kDKK, while net earnings were 246.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FOLKERSEN AUTOMOBILER ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 504.875 960.58
EBIT590.00483.001 231.00929.28989.32
Net earnings365.0010.00610.00240.54246.34
Shareholders equity total3 030.003 039.003 650.003 890.144 136.48
Balance sheet total (assets)13 279.0014 595.0013 681.0014 207.5814 236.59
Net debt7 039.866 972.75
Profitability
EBIT-%
ROA4.4 %3.5 %8.7 %6.7 %7.0 %
ROE12.8 %0.3 %18.2 %6.4 %6.1 %
ROI4.4 %3.5 %8.7 %7.2 %8.0 %
Economic value added (EVA)456.08330.741 078.29541.46155.63
Solvency
Equity ratio100.0 %100.0 %100.0 %27.7 %29.4 %
Gearing181.9 %169.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.4
Current ratio0.70.7
Cash and cash equivalents37.3341.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:7.00%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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