FORMAT AGENCY ApS — Credit Rating and Financial Key Figures

CVR number: 33148569
Raffinaderivej 10, 2300 København S
info@format-agency.com
tel: 31232325
format-agency.com

Company information

Official name
FORMAT AGENCY ApS
Personnel
2 persons
Established
2010
Company form
Private limited company
Industry

About FORMAT AGENCY ApS

FORMAT AGENCY ApS (CVR number: 33148569) is a company from KØBENHAVN. The company recorded a gross profit of 29.4 kDKK in 2022. The operating profit was 29.4 kDKK, while net earnings were 22.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FORMAT AGENCY ApS's liquidity measured by quick ratio was 1.9 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit1 558.031 413.05854.5613.3329.36
EBIT58.13162.26164.5874.9229.36
Net earnings42.41122.8173.4960.9822.49
Shareholders equity total-41.93- 149.1159.38120.36142.94
Balance sheet total (assets)3 688.414 007.17534.10337.32310.61
Net debt-90.94649.06-80.86151.04
Profitability
EBIT-%
ROA1.3 %4.1 %7.0 %18.0 %9.1 %
ROE1.7 %3.2 %3.6 %67.9 %17.1 %
ROI7.1 %25.2 %27.8 %86.0 %14.2 %
Economic value added (EVA)46.46140.57159.0459.6516.76
Solvency
Equity ratio-1.1 %-3.6 %11.1 %35.7 %46.0 %
Gearing-398.2 %-752.6 %4.1 %105.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.91.11.61.9
Current ratio1.00.91.11.61.9
Cash and cash equivalents257.88473.1083.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:9.06%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.0%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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