FOGED HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31935768
Trapholtparken 1, Strandhuse 6000 Kolding
tel: 30332504

Company information

Official name
FOGED HOLDING ApS
Established
2009
Domicile
Strandhuse
Company form
Private limited company
Industry

About FOGED HOLDING ApS

FOGED HOLDING ApS (CVR number: 31935768) is a company from KOLDING. The company reported a net sales of 2.7 mDKK in 2022, demonstrating a decline of -77.7 % compared to the previous year. The operating profit percentage was at 87.8 % (EBIT: 2.3 mDKK), while net earnings were 2516.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOGED HOLDING ApS's liquidity measured by quick ratio was 2.5 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
2018
2019
2020
2021
2022
Volume
Net sales7 403.003 198.005 247.0011 863.002 650.44
Gross profit7 231.003 102.005 184.0011 560.002 371.64
EBIT7 225.003 096.005 178.0011 499.002 326.47
Net earnings7 981.006 351.006 886.0010 641.002 516.24
Shareholders equity total39 029.0045 325.0052 840.0064 014.0067 113.61
Balance sheet total (assets)41 877.0049 779.0066 581.0069 654.0077 140.97
Net debt-9 485.00-11 774.00-9 970.00-6 918.005 157.43
Profitability
EBIT-%97.6 %96.8 %98.7 %96.9 %87.8 %
ROA22.0 %16.2 %14.3 %18.2 %4.4 %
ROE22.8 %15.1 %14.0 %18.2 %3.8 %
ROI22.9 %16.9 %15.2 %19.4 %4.6 %
Economic value added (EVA)6 812.942 228.884 504.7511 987.741 439.09
Solvency
Equity ratio93.2 %91.1 %79.4 %91.9 %87.0 %
Gearing4.1 %5.0 %17.6 %2.2 %9.4 %
Relative net indebtedness %-111.4 %-300.3 %-104.9 %-22.9 %333.7 %
Liquidity
Quick ratio11.06.62.33.52.5
Current ratio11.16.72.33.52.5
Cash and cash equivalents11 096.0014 058.0019 245.008 353.001 183.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %170.6 %233.1 %54.1 %73.4 %459.9 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:4.39%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.0%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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