Force Holdco A/S — Credit Rating and Financial Key Figures

CVR number: 42434051
Lysholt Allé 6, 7100 Vejle

Company information

Official name
Force Holdco A/S
Established
2021
Company form
Limited company
Industry

About Force Holdco A/S

Force Holdco A/S (CVR number: 42434051K) is a company from VEJLE. The company reported a net sales of 237.3 mDKK in 2024, demonstrating a growth of 48.4 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 9.8 mDKK), while net earnings were -5569 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was -22.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Force Holdco A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales260.291 021.08159.93237.27
Gross profit31.7780.3036.3454.93
EBIT-10.7716.173.729.85
Net earnings-19.32-23.38-5.29-5.57
Shareholders equity total266.2632.1723.2727.18
Balance sheet total (assets)1 020.96138.59141.63198.56
Net debt391.75218.8468.1791.49
Profitability
EBIT-%-4.1 %1.6 %2.3 %4.1 %
ROA0.2 %4.1 %4.1 %8.1 %
ROE-7.3 %-15.7 %-19.1 %-22.1 %
ROI0.2 %4.7 %3.1 %10.9 %
Economic value added (EVA)-12.13-18.64-10.411.40
Solvency
Equity ratio26.1 %22.8 %16.4 %13.7 %
Gearing177.3 %700.6 %367.3 %383.7 %
Relative net indebtedness %259.1 %10.0 %63.2 %66.8 %
Liquidity
Quick ratio1.61.31.21.1
Current ratio1.61.31.21.1
Cash and cash equivalents80.286.5117.2912.80
Capital use efficiency
Trade debtors turnover (days)290.110.368.379.9
Net working capital %62.8 %1.4 %7.4 %2.5 %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:8.07%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.7%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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