FOREVER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOREVER ApS
FOREVER ApS (CVR number: 27309127) is a company from HVIDOVRE. The company recorded a gross profit of 128.3 kDKK in 2023. The operating profit was -35 kDKK, while net earnings were -35.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.3 %, 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. FOREVER ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 174.29 | 25.35 | 80.34 | 106.56 | 128.34 |
EBIT | 174.29 | 18.20 | 63.00 | 91.65 | -35.05 |
Net earnings | 133.11 | 12.12 | 28.37 | 57.48 | -35.70 |
Shareholders equity total | 391.47 | 403.59 | 431.96 | 489.44 | 453.74 |
Balance sheet total (assets) | 729.10 | 731.16 | 815.06 | 859.93 | 884.43 |
Net debt | 24.74 | 91.40 | - 207.59 | - 299.74 | - 313.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.3 % | 2.5 % | 8.1 % | 10.9 % | -4.0 % |
ROE | 41.0 % | 3.0 % | 6.8 % | 12.5 % | -7.6 % |
ROI | 26.4 % | 2.6 % | 8.8 % | 12.0 % | -4.5 % |
Economic value added (EVA) | 141.06 | 8.24 | 34.81 | 74.97 | -21.77 |
Solvency | |||||
Equity ratio | 53.7 % | 55.2 % | 53.0 % | 56.9 % | 51.3 % |
Gearing | 76.1 % | 73.8 % | 69.3 % | 62.8 % | 70.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.5 | 1.8 | 1.6 |
Current ratio | 2.2 | 2.2 | 2.1 | 2.3 | 2.0 |
Cash and cash equivalents | 272.97 | 206.31 | 506.99 | 607.16 | 633.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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