UNION FOREVER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About UNION FOREVER ApS
UNION FOREVER ApS (CVR number: 35802304) is a company from BALLERUP. The company recorded a gross profit of -108.7 kDKK in 2023. The operating profit was -673.3 kDKK, while net earnings were -839.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.2 %, which can be considered poor and Return on Equity (ROE) was -63.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. UNION FOREVER ApS's liquidity measured by quick ratio was 4.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -21.98 | - 230.58 | -97.30 | -54.76 | - 108.66 |
EBIT | -27.13 | - 824.35 | - 759.70 | - 616.03 | - 673.27 |
Net earnings | 6 179.83 | 13.84 | - 831.57 | -1 170.34 | - 839.47 |
Shareholders equity total | 5 648.63 | 5 275.48 | 3 318.92 | 1 828.58 | 810.49 |
Balance sheet total (assets) | 5 855.47 | 5 654.78 | 3 497.19 | 1 983.06 | 1 015.55 |
Net debt | -4 700.63 | -4 382.10 | -2 201.30 | -1 197.53 | - 809.72 |
Profitability | |||||
EBIT-% | |||||
ROA | 203.5 % | 0.6 % | -16.3 % | -17.4 % | -33.2 % |
ROE | 211.7 % | 0.3 % | -19.4 % | -45.5 % | -63.6 % |
ROI | 204.6 % | 0.6 % | -17.0 % | -21.4 % | -57.3 % |
Economic value added (EVA) | -16.00 | - 857.84 | - 796.36 | - 717.38 | - 703.62 |
Solvency | |||||
Equity ratio | 96.5 % | 93.3 % | 94.9 % | 92.2 % | 79.8 % |
Gearing | 3.3 % | 2.1 % | 3.5 % | 6.6 % | 15.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 25.1 | 13.3 | 16.3 | 8.6 | 4.6 |
Current ratio | 25.1 | 13.3 | 16.3 | 8.6 | 4.6 |
Cash and cash equivalents | 4 889.53 | 4 493.45 | 2 317.11 | 1 317.97 | 934.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
Variable visualization
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