FORS Vand Holbæk A/S — Credit Rating and Financial Key Figures

CVR number: 33033346
Tåstrup Møllevej 5, 4300 Holbæk
Fors@fors.dk
tel: 70202066

Credit rating

Company information

Official name
FORS Vand Holbæk A/S
Established
2010
Company form
Limited company
Industry
  • Expand more icon36Water collection, treatment and supply

About FORS Vand Holbæk A/S

FORS Vand Holbæk A/S (CVR number: 33033346) is a company from HOLBÆK. The company reported a net sales of 16.9 mDKK in 2023, demonstrating a growth of 43.3 % compared to the previous year. The operating profit percentage was at 8.7 % (EBIT: 1.5 mDKK), while net earnings were 844 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.7 %, 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. FORS Vand Holbæk A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales13 909.0016 659.0014 787.0011 765.0016 856.00
Gross profit5 730.008 020.004 042.00-3 174.006 786.00
EBIT707.003 657.00109.00-7 127.001 460.00
Net earnings103.002 931.00- 518.00-6 579.00844.00
Shareholders equity total94 556.0097 229.0098 031.0093 765.0094 473.00
Balance sheet total (assets)156 208.00158 154.00158 407.00160 266.00161 431.00
Net debt-3 402.00-26.00-2 782.004 367.005 193.00
Profitability
EBIT-%5.1 %22.0 %0.7 %-60.6 %8.7 %
ROA0.5 %2.3 %0.1 %-4.4 %1.0 %
ROE0.1 %3.1 %-0.5 %-6.9 %0.9 %
ROI0.5 %2.8 %0.1 %-5.6 %1.4 %
Economic value added (EVA)-4 005.04- 578.42-4 495.61-10 795.94-3 744.52
Solvency
Equity ratio60.5 %61.5 %62.0 %58.6 %58.7 %
Gearing23.4 %20.7 %17.5 %17.9 %16.1 %
Relative net indebtedness %164.2 %163.1 %190.4 %380.5 %281.7 %
Liquidity
Quick ratio2.22.72.41.41.4
Current ratio2.22.72.41.41.3
Cash and cash equivalents25 492.0020 178.0019 956.0012 436.009 995.00
Capital use efficiency
Trade debtors turnover (days)223.691.115.113.26.7
Net working capital %151.3 %104.6 %85.6 %36.3 %15.6 %
Credit risk
Credit ratingAAAAAABBBAA

Variable visualization

ROA:1.04%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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