ForskEl El A/S — Credit Rating and Financial Key Figures

CVR number: 38732056
Skt. Clemens Torv 11, 8000 Aarhus C
info@forskel.dk
www.forskel.dk

Credit rating

Company information

Official name
ForskEl El A/S
Established
2017
Company form
Limited company
Industry

About ForskEl El A/S

ForskEl El A/S (CVR number: 38732056) is a company from AARHUS. The company recorded a gross profit of 293.7 kDKK in 2024. The operating profit was 32.4 kDKK, while net earnings were 101.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ForskEl El A/S's liquidity measured by quick ratio was 4.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-69.73-47.29-29.9420.29293.67
EBIT-69.73-47.29-29.94-28.0932.43
Net earnings-84.27-51.87-40.75226.06101.07
Shareholders equity total-81.31- 133.17- 173.921 052.141 153.20
Balance sheet total (assets)259.81157.55293.701 711.832 878.01
Net debt-21.291.6489.35- 635.34-1 446.14
Profitability
EBIT-%
ROA-29.4 %-14.8 %-7.9 %-2.0 %6.1 %
ROE-64.1 %-24.9 %-18.1 %33.6 %9.2 %
ROI-99.4 %-37.4 %-13.1 %-2.4 %9.9 %
Economic value added (EVA)-65.29-35.76-17.151.0521.70
Solvency
Equity ratio-23.8 %-45.8 %-37.2 %64.8 %63.1 %
Gearing-156.0 %-92.3 %-191.6 %32.8 %12.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.50.62.94.2
Current ratio0.80.50.62.51.5
Cash and cash equivalents148.15121.23243.91980.711 585.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.10%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-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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