FORMAN ApS — Credit Rating and Financial Key Figures

CVR number: 36063475
Ny Carlsberg Vej 38 D, 1760 København V
tel: 22378087
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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 KØBENHAVN. The company recorded a gross profit of -20.9 kDKK in 2024. The operating profit was -20.9 kDKK, while net earnings were 228.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.5 %, 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 39.6 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-24.72-12.31-6.21-6.11-20.93
EBIT-24.72-12.31-6.21-6.11-20.93
Net earnings245.73-87.51202.76-15.49228.61
Shareholders equity total1 768.391 480.881 626.431 552.041 719.65
Balance sheet total (assets)1 835.561 518.911 654.351 572.071 764.22
Net debt-1 815.76-1 481.51-1 654.35-1 564.30-1 764.22
Profitability
EBIT-%
ROA18.2 %4.0 %3.6 %3.6 %17.8 %
ROE14.2 %-5.4 %13.1 %-1.0 %14.0 %
ROI18.5 %4.1 %3.6 %3.7 %18.2 %
Economic value added (EVA)- 104.99- 101.17-79.74-87.84-94.25
Solvency
Equity ratio96.3 %97.5 %98.3 %98.7 %97.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio27.339.959.378.539.6
Current ratio27.339.959.378.539.6
Cash and cash equivalents1 815.761 481.511 654.351 564.301 764.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:17.8%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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