Forsythiavej ApS — Credit Rating and Financial Key Figures

CVR number: 38650084
Hegedalsparken 16, 9500 Hobro

Company information

Official name
Forsythiavej ApS
Established
2017
Company form
Private limited company
Industry

About Forsythiavej ApS

Forsythiavej ApS (CVR number: 38650084) is a company from MARIAGERFJORD. The company recorded a gross profit of 672.5 kDKK in 2023. The operating profit was 1470.1 kDKK, while net earnings were 1099.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. Forsythiavej ApS's liquidity measured by quick ratio was 2.7 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 profit651.14642.33655.95609.65672.54
EBIT644.06639.33778.95686.971 470.14
Net earnings420.89446.08569.05501.321 099.61
Shareholders equity total3 168.133 614.214 183.264 684.585 784.19
Balance sheet total (assets)8 574.648 615.818 966.029 290.8410 388.66
Net debt4 380.173 803.973 568.763 313.743 141.30
Profitability
EBIT-%
ROA7.4 %7.4 %8.9 %7.6 %15.1 %
ROE14.2 %13.2 %14.6 %11.3 %21.0 %
ROI7.5 %7.6 %9.2 %7.7 %15.3 %
Economic value added (EVA)59.4174.65186.9493.67698.27
Solvency
Equity ratio36.9 %41.9 %46.7 %50.4 %55.7 %
Gearing139.6 %106.7 %87.1 %73.1 %55.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.81.52.7
Current ratio0.10.20.81.52.7
Cash and cash equivalents42.7252.3873.80111.0086.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:15.1%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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