FORBO FLOORING A/S — Credit Rating and Financial Key Figures

CVR number: 51475410
Produktionsvej 14, 2600 Glostrup
Free credit report Annual report

Company information

Official name
FORBO FLOORING A/S
Personnel
14 persons
Established
1974
Company form
Limited company
Industry

About FORBO FLOORING A/S

FORBO FLOORING A/S (CVR number: 51475410) is a company from GLOSTRUP. The company recorded a gross profit of 14 mDKK in 2024. The operating profit was 3373.8 kDKK, while net earnings were 2509.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 64.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FORBO FLOORING A/S's liquidity measured by quick ratio was 1.3 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
2024
Volume
Net sales
Gross profit13 955.9914 262.5415 344.0114 728.8413 985.05
EBIT3 371.123 563.944 305.634 700.513 373.81
Net earnings2 592.922 728.503 327.603 712.022 509.06
Shareholders equity total6 626.244 354.744 682.344 394.363 403.42
Balance sheet total (assets)25 607.2924 774.7820 500.9217 533.8814 145.91
Net debt-10 090.196 963.614 135.271 537.41511.71
Profitability
EBIT-%
ROA14.9 %14.1 %19.1 %26.0 %22.7 %
ROE48.6 %49.7 %73.6 %81.8 %64.4 %
ROI34.4 %29.4 %42.4 %67.0 %73.2 %
Economic value added (EVA)2 250.302 116.052 747.533 128.092 063.05
Solvency
Equity ratio25.9 %17.6 %22.8 %25.1 %24.1 %
Gearing91.0 %165.5 %88.3 %35.0 %15.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.31.3
Current ratio1.31.21.31.3
Cash and cash equivalents16 118.03243.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:22.7%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.1%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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