FOLEVANG ApS — Credit Rating and Financial Key Figures

CVR number: 36185694
Folevang 5, 3400 Hillerød
bow@tsas.dk
tel: 28322223

Credit rating

Company information

Official name
FOLEVANG ApS
Established
2014
Company form
Private limited company
Industry

About FOLEVANG ApS

FOLEVANG ApS (CVR number: 36185694) is a company from HILLERØD. The company recorded a gross profit of -4.4 kDKK in 2023. The operating profit was -4.4 kDKK, while net earnings were 1073.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 27 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.1 %, 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 3.5 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 profit-2.69-56.24-17.49-13.58-4.37
EBIT-2.69-56.24-17.49-13.58-4.37
Net earnings458.75444.63955.231 050.001 073.69
Shareholders equity total1 482.701 927.332 826.063 761.654 185.34
Balance sheet total (assets)2 018.202 750.643 362.223 786.784 751.81
Net debt446.79161.69505.74- 413.28-1 597.99
Profitability
EBIT-%
ROA21.0 %11.7 %31.3 %29.5 %25.8 %
ROE25.0 %26.1 %40.2 %31.9 %27.0 %
ROI21.4 %12.0 %31.5 %29.7 %26.8 %
Economic value added (EVA)8.84-15.1228.6022.12-7.22
Solvency
Equity ratio73.5 %70.1 %84.1 %99.3 %88.1 %
Gearing30.5 %18.9 %18.4 %6.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.50.019.73.5
Current ratio0.10.50.019.73.5
Cash and cash equivalents5.19203.4415.62413.281 851.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:25.8%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.1%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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