FOLMANN ApS — Credit Rating and Financial Key Figures

CVR number: 32366384
Mejerivej 15 A, Førslev 4690 Haslev

Credit rating

Company information

Official name
FOLMANN ApS
Established
2009
Domicile
Førslev
Company form
Private limited company
Industry

About FOLMANN ApS

FOLMANN ApS (CVR number: 32366384) is a company from FAXE. The company recorded a gross profit of -17.7 kDKK in 2023. The operating profit was -17.7 kDKK, while net earnings were -182.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOLMANN ApS's liquidity measured by quick ratio was 17.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.22-10.59-21.02-20.52-17.70
EBIT-10.22-10.59-21.02-20.52-17.70
Net earnings345.61760.15670.77- 350.06- 182.44
Shareholders equity total2 594.783 244.323 802.093 337.643 055.19
Balance sheet total (assets)2 616.223 250.573 861.043 399.643 196.68
Net debt-1 177.10-1 345.78-2 144.66-2 269.64-1 617.93
Profitability
EBIT-%
ROA14.0 %26.3 %20.1 %-9.2 %-4.6 %
ROE14.0 %26.0 %19.0 %-9.8 %-5.7 %
ROI14.0 %26.3 %20.3 %-9.4 %-4.8 %
Economic value added (EVA)28.0829.095.82-5.10-38.98
Solvency
Equity ratio99.2 %99.8 %98.5 %98.2 %95.6 %
Gearing0.6 %
Relative net indebtedness %
Liquidity
Quick ratio60.2236.140.245.717.9
Current ratio60.2236.140.245.717.9
Cash and cash equivalents1 192.291 345.782 144.662 269.641 617.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:-4.62%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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