FORWARD CAPITAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORWARD CAPITAL A/S
FORWARD CAPITAL A/S (CVR number: 29810338) is a company from GENTOFTE. The company recorded a gross profit of -56.8 kDKK in 2024. The operating profit was -56.8 kDKK, while net earnings were -44.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORWARD CAPITAL A/S's liquidity measured by quick ratio was 31.9 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 | -33.53 | -46.13 | -65.64 | -59.58 | -56.84 |
EBIT | -43.74 | -46.13 | -65.64 | -59.58 | -56.84 |
Net earnings | -39.65 | -34.91 | -57.42 | -49.35 | -44.34 |
Shareholders equity total | 779.84 | 744.93 | 687.51 | 638.16 | 593.83 |
Balance sheet total (assets) | 927.49 | 885.10 | 728.02 | 664.13 | 613.04 |
Net debt | - 719.87 | - 648.74 | - 686.42 | - 632.84 | - 581.70 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.6 % | -5.1 % | -8.1 % | -8.6 % | -8.9 % |
ROE | -5.0 % | -4.6 % | -8.0 % | -7.4 % | -7.2 % |
ROI | -4.8 % | -5.2 % | -8.4 % | -8.8 % | -9.2 % |
Economic value added (EVA) | -81.05 | -76.29 | -94.98 | -84.30 | -76.74 |
Solvency | |||||
Equity ratio | 84.1 % | 84.2 % | 94.4 % | 96.1 % | 96.9 % |
Gearing | 15.3 % | 16.0 % | 2.9 % | 1.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.3 | 6.3 | 18.0 | 25.6 | 31.9 |
Current ratio | 6.3 | 6.3 | 18.0 | 25.6 | 31.9 |
Cash and cash equivalents | 839.04 | 767.91 | 706.40 | 639.60 | 581.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
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