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FORENEDE SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 11394914
Borupvang 5 E, 2750 Ballerup
tel: 70203969
Free credit report Annual report

Credit rating

Company information

Official name
FORENEDE SERVICE A/S
Personnel
2769 persons
Established
1968
Company form
Limited company
Industry

About FORENEDE SERVICE A/S

FORENEDE SERVICE A/S (CVR number: 11394914) is a company from BALLERUP. The company reported a net sales of 977.7 mDKK in 2025, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 0 % (EBIT: 0.5 mDKK), while net earnings were -2983 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FORENEDE SERVICE A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales790.25892.10939.84949.43977.66
Gross profit633.52712.14749.76774.03761.69
EBIT-14.27-38.52-29.18-0.840.46
Net earnings-11.71-30.30-29.52-1.06-2.98
Shareholders equity total154.02123.7294.1993.1490.15
Balance sheet total (assets)437.05496.15496.25308.00308.75
Net debt18.7611.21
Profitability
EBIT-%-1.8 %-4.3 %-3.1 %-0.1 %0.0 %
ROA-3.3 %-8.3 %-5.9 %2.7 %0.4 %
ROE-7.3 %-21.8 %-27.1 %-1.1 %-3.3 %
ROI-3.8 %-8.3 %-5.9 %3.5 %1.2 %
Economic value added (EVA)-26.91-46.26-35.39-5.33-5.32
Solvency
Equity ratio100.0 %100.0 %100.0 %30.2 %29.2 %
Gearing24.4 %24.1 %
Relative net indebtedness %22.2 %21.3 %
Liquidity
Quick ratio1.51.5
Current ratio2.02.0
Cash and cash equivalents3.9710.56
Capital use efficiency
Trade debtors turnover (days)61.559.9
Net working capital %13.9 %13.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.43%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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