FORMULA MICRO HOSTING ApS — Credit Rating and Financial Key Figures

CVR number: 33586469
Rabækkevej 1, Rønne 3700 Rønne
md@formula-micro.dk
tel: 56959421
https://formula-micro.dk

Credit rating

Company information

Official name
FORMULA MICRO HOSTING ApS
Established
2011
Domicile
Rønne
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About FORMULA MICRO HOSTING ApS

FORMULA MICRO HOSTING ApS (CVR number: 33586469) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 195.7 kDKK in 2023. The operating profit was 52.5 kDKK, while net earnings were 41.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FORMULA MICRO HOSTING ApS's liquidity measured by quick ratio was 3.3 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 profit298.43636.26373.19196.46195.71
EBIT234.18508.63219.2247.3252.51
Net earnings179.64390.67166.8142.8841.49
Shareholders equity total539.89680.56697.37640.24681.74
Balance sheet total (assets)1 411.831 327.981 584.45962.021 410.19
Net debt- 100.86- 466.70- 264.94- 325.57-1 122.06
Profitability
EBIT-%
ROA21.8 %37.2 %15.4 %4.7 %4.8 %
ROE39.9 %64.0 %24.2 %6.4 %6.3 %
ROI33.8 %53.4 %20.5 %6.1 %8.4 %
Economic value added (EVA)164.95398.67170.9146.4126.63
Solvency
Equity ratio38.2 %51.2 %44.0 %66.6 %65.0 %
Gearing89.7 %28.8 %86.5 %3.0 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.41.32.03.3
Current ratio1.11.41.32.01.7
Cash and cash equivalents584.90662.64868.13344.631 147.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:4.82%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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