NETFORM ApS — Credit Rating and Financial Key Figures

CVR number: 73546419
Strandvej 43, 4220 Korsør
chrnorgaard41@gmail.com
tel: 48475545

Credit rating

Company information

Official name
NETFORM ApS
Personnel
1 person
Established
1984
Company form
Private limited company
Industry

About NETFORM ApS

NETFORM ApS (CVR number: 73546419) is a company from SLAGELSE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -11 % compared to the previous year. The operating profit percentage was poor at -27.8 % (EBIT: -0 mDKK), while net earnings were -12.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.3 %, 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. NETFORM ApS's liquidity measured by quick ratio was 5.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales122.77122.44123.34136.05121.12
Gross profit8.160.9122.0227.0726.01
EBIT-30.94-43.59-31.59-25.67-33.64
Net earnings- 107.4972.24-55.62-63.90-12.59
Shareholders equity total1 224.131 172.03987.98809.68695.07
Balance sheet total (assets)2 935.302 893.302 707.722 436.052 224.14
Net debt1 001.14961.561 092.981 250.061 326.25
Profitability
EBIT-%-25.2 %-35.6 %-25.6 %-18.9 %-27.8 %
ROA-0.6 %3.6 %0.4 %0.7 %0.2 %
ROE-8.1 %6.0 %-5.2 %-7.1 %-1.7 %
ROI-0.6 %3.7 %-1.4 %-2.1 %0.2 %
Economic value added (EVA)-72.59-82.39-85.88-85.10-94.80
Solvency
Equity ratio41.7 %40.5 %36.5 %33.2 %31.3 %
Gearing136.8 %142.8 %168.0 %196.9 %214.1 %
Relative net indebtedness %845.8 %823.9 %934.8 %942.3 %1128.5 %
Liquidity
Quick ratio8.27.45.24.35.6
Current ratio8.27.45.24.35.6
Cash and cash equivalents672.86712.44566.71344.30162.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-31.9 %-77.9 %11.0 %41.4 %52.3 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:0.21%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.3%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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