Formaggio ApS — Credit Rating and Financial Key Figures

CVR number: 40737804
Hammelstrupvej 4, 2450 København SV

Credit rating

Company information

Official name
Formaggio ApS
Personnel
5 persons
Established
2019
Company form
Private limited company
Industry

About Formaggio ApS

Formaggio ApS (CVR number: 40737804) is a company from KØBENHAVN. The company recorded a gross profit of 1236.4 kDKK in 2023. The operating profit was 371.1 kDKK, while net earnings were 287.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.1 %, which can be considered excellent and Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.7 %, 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. Formaggio ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit1 727.881 585.551 101.191 236.37
EBIT132.85266.10263.24371.10
Net earnings102.82203.51201.94287.40
Shareholders equity total142.82346.33548.28835.67
Balance sheet total (assets)996.59837.45863.541 377.85
Net debt- 317.19- 103.33- 124.12- 514.79
Profitability
EBIT-%
ROA13.3 %29.0 %31.0 %33.1 %
ROE72.0 %83.2 %45.1 %41.5 %
ROI20.0 %44.0 %48.1 %53.6 %
Economic value added (EVA)103.62216.32194.38267.70
Solvency
Equity ratio14.3 %41.4 %63.5 %60.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.10.70.71.1
Current ratio1.30.90.91.3
Cash and cash equivalents317.19103.33124.12514.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:33.1%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.7%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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