Foundever Enterprises Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 41.60 | 48.87 | 43.29 | ||
Gross profit | 22.35 | 23.10 | 37.13 | 44.21 | 39.37 |
EBIT | 0.15 | 2.59 | 4.34 | 4.29 | 3.31 |
Net earnings | -0.37 | 2.32 | 4.79 | 2.45 | 2.50 |
Shareholders equity total | 4.57 | 6.89 | 11.68 | 14.14 | 16.63 |
Balance sheet total (assets) | 9.11 | 13.95 | 17.83 | 19.31 | 22.46 |
Net debt | -3.05 | -4.32 | -0.79 | -9.27 | -16.11 |
Profitability | |||||
EBIT-% | 10.4 % | 8.8 % | 7.6 % | ||
ROA | 1.6 % | 22.5 % | 29.3 % | 27.2 % | 16.2 % |
ROE | -7.9 % | 40.5 % | 51.5 % | 19.0 % | 16.2 % |
ROI | 2.9 % | 41.2 % | 47.0 % | 37.2 % | 21.1 % |
Economic value added (EVA) | 0.17 | 2.54 | 5.30 | 2.84 | 2.33 |
Solvency | |||||
Equity ratio | 50.2 % | 49.4 % | 65.5 % | 73.2 % | 74.0 % |
Gearing | 12.3 % | 8.3 % | 5.4 % | 5.1 % | 3.4 % |
Relative net indebtedness % | 11.4 % | -9.9 % | -25.1 % | ||
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | 2.8 | 3.7 | 3.8 |
Current ratio | 1.9 | 1.9 | 2.8 | 3.7 | 3.8 |
Cash and cash equivalents | 3.61 | 4.89 | 1.42 | 10.00 | 16.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 106.6 | 47.9 | 40.7 | ||
Net working capital % | 26.7 % | 28.3 % | 38.0 % | ||
Credit risk | |||||
Credit rating | A | AA | A | A | AA |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.