FOLEVANG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOLEVANG ApS
FOLEVANG ApS (CVR number: 36185694) is a company from HILLERØD. The company recorded a gross profit of -10.7 kDKK in 2024. The operating profit was -10.7 kDKK, while net earnings were 564.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOLEVANG ApS's liquidity measured by quick ratio was 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 | -56.24 | -17.49 | -13.58 | -4.37 | -10.67 |
| EBIT | -56.24 | -17.49 | -13.58 | -4.37 | -10.67 |
| Net earnings | 444.63 | 955.23 | 1 050.00 | 1 073.69 | 564.77 |
| Shareholders equity total | 1 927.33 | 2 826.06 | 3 761.65 | 4 185.34 | 3 750.11 |
| Balance sheet total (assets) | 2 750.64 | 3 362.22 | 3 786.78 | 4 751.81 | 3 930.86 |
| Net debt | 161.69 | 505.74 | - 413.28 | -1 597.99 | -1 151.83 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.7 % | 31.3 % | 29.5 % | 25.8 % | 19.7 % |
| ROE | 26.1 % | 40.2 % | 31.9 % | 27.0 % | 14.2 % |
| ROI | 12.0 % | 31.5 % | 29.7 % | 26.8 % | 20.9 % |
| Economic value added (EVA) | - 137.15 | - 127.18 | - 178.80 | - 193.39 | - 233.33 |
| Solvency | |||||
| Equity ratio | 70.1 % | 84.1 % | 99.3 % | 88.1 % | 95.4 % |
| Gearing | 18.9 % | 18.4 % | 6.1 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.0 | 19.7 | 3.5 | 9.0 |
| Current ratio | 0.5 | 0.0 | 19.7 | 3.5 | 9.0 |
| Cash and cash equivalents | 203.44 | 15.62 | 413.28 | 1 851.56 | 1 151.83 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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