FORM OG PLAST A/S — Credit Rating and Financial Key Figures

CVR number: 13204799
Fabriksvej 32, 7600 Struer
tel: 97852899
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Company information

Official name
FORM OG PLAST A/S
Personnel
9 persons
Established
1989
Company form
Limited company
Industry

About FORM OG PLAST A/S

FORM OG PLAST A/S (CVR number: 13204799) is a company from STRUER. The company recorded a gross profit of 3426.3 kDKK in 2023. The operating profit was 3278 kDKK, while net earnings were 2594.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.5 %, which can be considered excellent and Return on Equity (ROE) was 26.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORM OG PLAST A/S's liquidity measured by quick ratio was 3.2 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 profit4 864.315 970.435 935.983 341.763 426.30
EBIT4 713.935 742.375 755.543 165.383 278.04
Net earnings3 675.214 498.804 488.552 490.602 594.57
Shareholders equity total6 817.817 716.6110 205.169 595.7610 190.33
Balance sheet total (assets)8 956.6910 072.1913 341.4311 018.2512 141.61
Net debt-3 185.47-1 704.24-2 070.98-2 120.48-1 618.74
Profitability
EBIT-%
ROA63.2 %60.6 %49.2 %26.0 %28.5 %
ROE64.7 %61.9 %50.1 %25.2 %26.2 %
ROI78.9 %75.8 %59.2 %29.7 %32.7 %
Economic value added (EVA)3 474.744 322.544 216.042 134.722 197.35
Solvency
Equity ratio76.1 %76.6 %76.5 %87.1 %83.9 %
Gearing4.6 %0.8 %10.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.32.23.93.2
Current ratio3.83.13.26.35.1
Cash and cash equivalents3 499.811 763.443 122.432 120.481 618.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:28.5%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.9%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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