TO Formuepleje ApS — Credit Rating and Financial Key Figures

CVR number: 33509391
Ørbækvej 13, 5700 Svendborg

Credit rating

Company information

Official name
TO Formuepleje ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About TO Formuepleje ApS

TO Formuepleje ApS (CVR number: 33509391) is a company from SVENDBORG. The company recorded a gross profit of 802.9 kDKK in 2023. The operating profit was -78.6 kDKK, while net earnings were -88.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.4 %, 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. TO Formuepleje ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 169.001 380.001 719.00848.00802.87
EBIT262.00357.00266.00103.00-78.62
Net earnings159.00220.00166.0056.00-88.80
Shareholders equity total567.00734.00848.00847.00699.31
Balance sheet total (assets)2 043.002 538.001 911.001 579.001 445.02
Net debt211.00- 185.00- 183.00265.00247.41
Profitability
EBIT-%
ROA16.2 %15.6 %12.0 %5.9 %-5.2 %
ROE32.6 %33.8 %21.0 %6.6 %-11.5 %
ROI24.4 %22.8 %19.2 %8.9 %-6.7 %
Economic value added (EVA)183.41279.39222.9359.51-99.07
Solvency
Equity ratio27.8 %28.9 %44.4 %53.6 %48.4 %
Gearing157.3 %127.5 %30.1 %42.9 %59.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.70.70.5
Current ratio1.21.31.62.01.7
Cash and cash equivalents681.001 121.00438.0098.00167.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-5.17%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.4%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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