Forty-Two ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Forty-Two ApS
Forty-Two ApS (CVR number: 38394495) is a company from GLADSAXE. The company recorded a gross profit of -768.5 kDKK in 2024. The operating profit was -768.5 kDKK, while net earnings were -1917.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.2 %, 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. Forty-Two 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 832.91 | - 314.58 | -67.96 | - 188.94 | - 768.46 |
EBIT | - 832.91 | - 314.58 | -67.96 | - 188.94 | - 768.46 |
Net earnings | -4 521.28 | - 407.48 | 163.37 | - 316.36 | -1 917.10 |
Shareholders equity total | 22 951.32 | 22 543.85 | 22 707.22 | 22 390.86 | 80 064.82 |
Balance sheet total (assets) | 23 067.33 | 22 611.39 | 22 774.77 | 47 564.44 | 173 473.32 |
Net debt | -17 548.00 | -1 743.02 | -21 931.32 | -19 950.60 | - 137 718.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.1 % | -1.4 % | 1.2 % | -0.4 % | 1.6 % |
ROE | -19.1 % | -1.8 % | 0.7 % | -1.4 % | -3.7 % |
ROI | 7.2 % | -1.4 % | 1.2 % | -0.7 % | 3.5 % |
Economic value added (EVA) | -2 062.66 | -1 467.88 | -1 200.79 | -1 329.98 | -1 893.60 |
Solvency | |||||
Equity ratio | 99.5 % | 99.7 % | 99.7 % | 47.1 % | 46.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 198.4 | 334.0 | 336.4 | 1.9 | 1.9 |
Current ratio | 198.4 | 334.0 | 336.4 | 1.9 | 1.9 |
Cash and cash equivalents | 17 548.00 | 1 743.02 | 21 931.32 | 19 950.60 | 137 718.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BBB |
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