TO Formuepleje ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 169.00 | 1 380.00 | 1 719.00 | 848.00 | 802.87 |
EBIT | 262.00 | 357.00 | 266.00 | 103.00 | -78.62 |
Net earnings | 159.00 | 220.00 | 166.00 | 56.00 | -88.80 |
Shareholders equity total | 567.00 | 734.00 | 848.00 | 847.00 | 699.31 |
Balance sheet total (assets) | 2 043.00 | 2 538.00 | 1 911.00 | 1 579.00 | 1 445.02 |
Net debt | 211.00 | - 185.00 | - 183.00 | 265.00 | 247.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.2 % | 15.6 % | 12.0 % | 5.9 % | -5.2 % |
ROE | 32.6 % | 33.8 % | 21.0 % | 6.6 % | -11.5 % |
ROI | 24.4 % | 22.8 % | 19.2 % | 8.9 % | -6.7 % |
Economic value added (EVA) | 183.41 | 279.39 | 222.93 | 59.51 | -99.07 |
Solvency | |||||
Equity ratio | 27.8 % | 28.9 % | 44.4 % | 53.6 % | 48.4 % |
Gearing | 157.3 % | 127.5 % | 30.1 % | 42.9 % | 59.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.8 | 0.7 | 0.7 | 0.5 |
Current ratio | 1.2 | 1.3 | 1.6 | 2.0 | 1.7 |
Cash and cash equivalents | 681.00 | 1 121.00 | 438.00 | 98.00 | 167.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
Variable visualization
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