Foundever Enterprises Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 30557271
Agerhatten 27 B, Tornbjerg 5220 Odense SØ

Company information

Official name
Foundever Enterprises Denmark ApS
Personnel
124 persons
Established
2007
Domicile
Tornbjerg
Company form
Private limited company
Industry

About Foundever Enterprises Denmark ApS

Foundever Enterprises Denmark ApS (CVR number: 30557271) is a company from ODENSE. The company reported a net sales of 43.3 mDKK in 2023, demonstrating a decline of -11.4 % compared to the previous year. The operating profit percentage was at 7.6 % (EBIT: 3.3 mDKK), while net earnings were 2495.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74 %, 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. Foundever Enterprises Denmark ApS's liquidity measured by quick ratio was 3.8 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales41.6048.8743.29
Gross profit22.3523.1037.1344.2139.37
EBIT0.152.594.344.293.31
Net earnings-0.372.324.792.452.50
Shareholders equity total4.576.8911.6814.1416.63
Balance sheet total (assets)9.1113.9517.8319.3122.46
Net debt-3.05-4.32-0.79-9.27-16.11
Profitability
EBIT-%10.4 %8.8 %7.6 %
ROA1.6 %22.5 %29.3 %27.2 %16.2 %
ROE-7.9 %40.5 %51.5 %19.0 %16.2 %
ROI2.9 %41.2 %47.0 %37.2 %21.1 %
Economic value added (EVA)0.172.545.302.842.33
Solvency
Equity ratio50.2 %49.4 %65.5 %73.2 %74.0 %
Gearing12.3 %8.3 %5.4 %5.1 %3.4 %
Relative net indebtedness %11.4 %-9.9 %-25.1 %
Liquidity
Quick ratio1.91.92.83.73.8
Current ratio1.91.92.83.73.8
Cash and cash equivalents3.614.891.4210.0016.69
Capital use efficiency
Trade debtors turnover (days)106.647.940.7
Net working capital %26.7 %28.3 %38.0 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:16.2%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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