FORMAN ApS — Credit Rating and Financial Key Figures

CVR number: 36063475
Borgmester Fischers Vej 5 D, 2000 Frederiksberg
tel: 22378087

Credit rating

Company information

Official name
FORMAN ApS
Established
2014
Company form
Private limited company
Industry

About FORMAN ApS

FORMAN ApS (CVR number: 36063475) is a company from FREDERIKSBERG. The company recorded a gross profit of -6.1 kDKK in 2023. The operating profit was -6.1 kDKK, while net earnings were -15.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORMAN ApS's liquidity measured by quick ratio was 74 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-24.72-12.31-6.21-6.11
EBIT-8.73-24.72-12.31-6.21-6.11
Net earnings-11.26245.73-87.51202.76-15.49
Shareholders equity total1 703.411 768.391 480.881 626.431 552.04
Balance sheet total (assets)1 703.411 835.561 518.911 654.351 573.31
Net debt-71.41-1 815.76-1 481.51-1 654.35-1 564.30
Profitability
EBIT-%
ROA-0.5 %18.2 %4.0 %3.6 %3.6 %
ROE-0.6 %14.2 %-5.4 %13.1 %-1.0 %
ROI-0.5 %18.5 %4.1 %3.6 %3.7 %
Economic value added (EVA)-93.32- 101.40-9.93-5.30-4.71
Solvency
Equity ratio100.0 %96.3 %97.5 %98.3 %98.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio27.339.959.374.0
Current ratio27.339.959.374.0
Cash and cash equivalents71.411 815.761 481.511 654.351 564.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:3.61%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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