FORMULA SELECTED ApS — Credit Rating and Financial Key Figures

FORMULA SELECTED ApS (CVR number: 35524568) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 12.8 mDKK in 2024. The operating profit was 5975.4 kDKK, while net earnings were 3652.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. FORMULA SELECTED ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.