FORS Holding A/S — Credit Rating and Financial Key Figures

CVR number: 37352543
Betonvej 12, 4000 Roskilde
Fors@fors.dk
tel: 70202066

Company information

Official name
FORS Holding A/S
Established
2016
Company form
Limited company
Industry

About FORS Holding A/S

FORS Holding A/S (CVR number: 37352543K) is a company from ROSKILDE. The company reported a net sales of 917.3 mDKK in 2024, demonstrating a growth of 9.1 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 14.1 mDKK), while net earnings were -15.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. FORS Holding A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales757.67762.64774.89840.97917.32
Gross profit143.4297.3987.0592.25116.76
EBIT48.8016.866.79-2.5314.15
Net earnings43.424.620.24-19.26-15.34
Shareholders equity total4 289.634 297.734 304.604 183.624 169.66
Balance sheet total (assets)6 061.076 016.596 110.596 324.786 684.67
Net debt957.791 158.67
Profitability
EBIT-%6.4 %2.2 %0.9 %-0.3 %1.5 %
ROA0.8 %0.3 %0.1 %0.1 %0.4 %
ROE1.0 %0.1 %0.0 %-0.5 %-0.4 %
ROI0.9 %0.3 %0.1 %0.1 %0.4 %
Economic value added (EVA)- 223.56- 198.69- 209.17- 218.87- 264.42
Solvency
Equity ratio100.0 %100.0 %100.0 %66.2 %62.4 %
Gearing23.9 %32.1 %
Relative net indebtedness %206.3 %217.6 %
Liquidity
Quick ratio0.40.9
Current ratio0.40.9
Cash and cash equivalents41.16178.20
Capital use efficiency
Trade debtors turnover (days)24.924.3
Net working capital %-44.8 %-2.9 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:0.37%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.4%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member
Board member
Board member
Board member
Chief executive officer
Board member

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