FORENEDE ERHVERVS EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 30359100
Overgaden Oven Vandet 48 E, 1415 København K
jan@hallerup.dk
tel: 30828821

Credit rating

Company information

Official name
FORENEDE ERHVERVS EJENDOMME A/S
Personnel
1 person
Established
2007
Company form
Limited company
Industry

About FORENEDE ERHVERVS EJENDOMME A/S

FORENEDE ERHVERVS EJENDOMME A/S (CVR number: 30359100) is a company from KØBENHAVN. The company reported a net sales of 1.8 mDKK in 2024, demonstrating a decline of -14.3 % compared to the previous year. The operating profit percentage was at 57.8 % (EBIT: 1 mDKK), while net earnings were 4989.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORENEDE ERHVERVS EJENDOMME A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 894.561 873.641 862.512 066.201 770.85
Gross profit1 217.231 365.731 100.071 670.491 377.94
EBIT549.22- 332.421 583.241 372.721 024.07
Net earnings6 246.334 102.955 253.155 838.074 989.61
Shareholders equity total54 031.3045 234.2550 487.4056 325.4661 315.08
Balance sheet total (assets)69 861.0759 457.0665 771.0670 380.1173 001.51
Net debt9 978.3310 682.5511 101.1810 056.657 839.24
Profitability
EBIT-%29.0 %-17.7 %85.0 %66.4 %57.8 %
ROA9.1 %7.3 %9.3 %9.5 %7.7 %
ROE11.7 %8.3 %11.0 %10.9 %8.5 %
ROI9.3 %7.4 %9.4 %9.6 %7.7 %
Economic value added (EVA)-2 661.35-3 834.72-1 708.93-2 174.37-2 727.80
Solvency
Equity ratio77.3 %76.1 %76.8 %80.0 %84.0 %
Gearing21.8 %23.6 %22.6 %18.6 %12.8 %
Relative net indebtedness %597.8 %623.0 %650.5 %514.9 %480.2 %
Liquidity
Quick ratio1.60.50.60.60.3
Current ratio1.60.50.60.60.3
Cash and cash equivalents1 799.44303.04402.98
Capital use efficiency
Trade debtors turnover (days)15.832.758.236.229.4
Net working capital %147.9 %-104.1 %-104.1 %-79.3 %-93.9 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:7.69%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.0%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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