FORS Spildevand Holbæk A/S — Credit Rating and Financial Key Figures

FORS Spildevand Holbæk A/S (CVR number: 32765572) is a company from HOLBÆK. The company reported a net sales of 111.7 mDKK in 2023, demonstrating a decline of -0.1 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 1 mDKK), while net earnings were -9317 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FORS Spildevand Holbæk A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.