FORENEDE TEXTIL HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 14128107
Aalborgvej 15, 9492 Blokhus

Company information

Official name
FORENEDE TEXTIL HOLDING A/S
Established
1990
Company form
Limited company
Industry

About FORENEDE TEXTIL HOLDING A/S

FORENEDE TEXTIL HOLDING A/S (CVR number: 14128107) is a company from JAMMERBUGT. The company recorded a gross profit of -253.4 kDKK in 2024. The operating profit was -253.4 kDKK, while net earnings were 82.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORENEDE TEXTIL HOLDING A/S's liquidity measured by quick ratio was 188.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-53.63- 314.16- 354.85- 237.40- 253.35
EBIT-53.63- 314.16-2 244.77- 237.40- 253.35
Net earnings3 898.232 882.60-2 664.961 019.2382.73
Shareholders equity total37 734.8539 117.4529 452.4912 471.739 054.46
Balance sheet total (assets)37 798.0439 758.6629 501.8312 521.379 102.86
Net debt-11 564.86-26 734.28-20 864.63-3 716.89-7 532.61
Profitability
EBIT-%
ROA11.9 %8.4 %-1.3 %6.5 %0.8 %
ROE10.7 %7.5 %-7.8 %4.9 %0.8 %
ROI11.9 %8.5 %-1.3 %6.5 %0.8 %
Economic value added (EVA)-43.93232.07-2 408.05- 565.85-1 045.95
Solvency
Equity ratio99.8 %98.4 %99.8 %99.6 %99.5 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio291.854.5500.0135.6188.1
Current ratio291.854.5500.0135.6188.1
Cash and cash equivalents11 564.8626 734.2820 864.633 717.497 533.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABB

Variable visualization

ROA:0.76%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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