NETFORM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NETFORM ApS
NETFORM ApS (CVR number: 73546419) is a company from SLAGELSE. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a growth of 20.6 % compared to the previous year. The operating profit percentage was poor at -4.3 % (EBIT: -0 mDKK), while net earnings were -53.1 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 -7.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.2 %, 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 3.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 122.44 | 123.34 | 136.05 | 121.12 | 146.13 |
| Gross profit | 0.91 | 22.02 | 27.07 | 26.01 | 38.23 |
| EBIT | -43.59 | -31.59 | -25.67 | -33.64 | -6.34 |
| Net earnings | 72.24 | -55.62 | -63.90 | -12.59 | -53.11 |
| Shareholders equity total | 1 172.03 | 987.98 | 809.68 | 695.07 | 641.95 |
| Balance sheet total (assets) | 2 893.30 | 2 707.72 | 2 436.05 | 2 224.14 | 2 127.29 |
| Net debt | 961.56 | 1 092.98 | 1 250.06 | 1 326.25 | 1 332.32 |
| Profitability | |||||
| EBIT-% | -35.6 % | -25.6 % | -18.9 % | -27.8 % | -4.3 % |
| ROA | 3.6 % | 0.4 % | 0.7 % | 0.2 % | 0.2 % |
| ROE | 6.0 % | -5.2 % | -7.1 % | -1.7 % | -7.9 % |
| ROI | 3.7 % | -1.4 % | -2.1 % | 0.2 % | 0.2 % |
| Economic value added (EVA) | - 181.56 | - 174.61 | - 158.72 | - 154.44 | - 116.06 |
| Solvency | |||||
| Equity ratio | 40.5 % | 36.5 % | 33.2 % | 31.3 % | 30.2 % |
| Gearing | 142.8 % | 168.0 % | 196.9 % | 214.1 % | 225.2 % |
| Relative net indebtedness % | 823.9 % | 934.8 % | 942.3 % | 1128.5 % | 939.1 % |
| Liquidity | |||||
| Quick ratio | 7.4 | 5.2 | 4.3 | 5.6 | 3.9 |
| Current ratio | 7.4 | 5.2 | 4.3 | 5.6 | 3.9 |
| Cash and cash equivalents | 712.44 | 566.71 | 344.30 | 162.16 | 113.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -77.9 % | 11.0 % | 41.4 % | 52.3 % | 0.7 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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