FORNAX A/S — Credit Rating and Financial Key Figures

FORNAX A/S (CVR number: 51327918) is a company from SILKEBORG. The company recorded a gross profit of 18.6 mDKK in 2023. The operating profit was 7723.7 kDKK, while net earnings were 5866.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 50.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. FORNAX A/S'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.