FOREVER ApS — Credit Rating and Financial Key Figures

CVR number: 27309127
Greve Alle 54, 2650 Hvidovre
kbn@forevergroup.dk
tel: 40456403
Free credit report

Credit rating

Company information

Official name
FOREVER ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit174.2925.3580.34106.56128.34
EBIT174.2918.2063.0091.65-35.05
Net earnings133.1112.1228.3757.48-35.70
Shareholders equity total391.47403.59431.96489.44453.74
Balance sheet total (assets)729.10731.16815.06859.93884.43
Net debt24.7491.40- 207.59- 299.74- 313.02
Profitability
EBIT-%
ROA23.3 %2.5 %8.1 %10.9 %-4.0 %
ROE41.0 %3.0 %6.8 %12.5 %-7.6 %
ROI26.4 %2.6 %8.8 %12.0 %-4.5 %
Economic value added (EVA)141.068.2434.8174.97-21.77
Solvency
Equity ratio53.7 %55.2 %53.0 %56.9 %51.3 %
Gearing76.1 %73.8 %69.3 %62.8 %70.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.51.81.6
Current ratio2.22.22.12.32.0
Cash and cash equivalents272.97206.31506.99607.16633.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-4.02%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.3%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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