FORMEGON ApS — Credit Rating and Financial Key Figures

CVR number: 21111678
Brøndby Stadion 20, 2605 Brøndby

Company information

Official name
FORMEGON ApS
Personnel
1 person
Established
1998
Company form
Private limited company
Industry

About FORMEGON ApS

FORMEGON ApS (CVR number: 21111678) is a company from BRØNDBY. The company recorded a gross profit of -12.2 kDKK in 2024. The operating profit was -12.2 kDKK, while net earnings were -13.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORMEGON ApS's liquidity measured by quick ratio was 27.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 676.943 606.734 772.7374.77-12.19
EBIT187.9464.762 189.3272.21-12.19
Net earnings130.4819.641 696.8232.30-13.31
Shareholders equity total380.88400.522 097.341 129.64516.33
Balance sheet total (assets)3 436.872 496.812 649.511 185.46535.53
Net debt-1 230.57- 524.96-1 649.76- 233.68-30.16
Profitability
EBIT-%
ROA6.2 %2.2 %85.1 %3.9 %-1.3 %
ROE41.3 %5.0 %135.9 %2.0 %-1.6 %
ROI26.2 %6.5 %136.2 %4.6 %-1.4 %
Economic value added (EVA)111.8313.861 663.58-56.65-68.96
Solvency
Equity ratio11.8 %17.0 %79.2 %95.3 %96.4 %
Gearing47.1 %101.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.44.821.227.9
Current ratio1.11.34.821.227.9
Cash and cash equivalents1 409.88929.321 649.76233.6830.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-1.33%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.4%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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