FOMO — Credit Rating and Financial Key Figures

FOMO (CVR number: 42711128) is a company from SVENDBORG. The company recorded a gross profit of 15.2 mDKK in 2023. The operating profit was -5614.1 kDKK, while net earnings were -7134.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOMO's liquidity measured by quick ratio was 31.3 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.