FORTYFOUR ApS

CVR number: 33512244
Hellerupvej 73, 2900 Hellerup
hanneklintoe@gmail.com
tel: 31449914
fortyfour.dk

Credit rating

Company information

Official name
FORTYFOUR ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About FORTYFOUR ApS

FORTYFOUR ApS (CVR number: 33512244) is a company from GENTOFTE. The company recorded a gross profit of 279.9 kDKK in 2019. The operating profit was -2.2 kDKK, while net earnings were -14.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -14.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.9 %, 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. FORTYFOUR ApS's liquidity measured by quick ratio was 2.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016201720182019
Volume
Net sales
Gross profit772.52317.5631.29279.87
EBIT119.4442.60- 413.17-2.16
Net earnings93.7031.28- 346.07-14.43
Shareholders equity total419.92451.20105.1390.70
Balance sheet total (assets)714.75576.10236.17146.59
Net debt-88.73-3.75-63.22-44.40
Profitability
EBIT-%
ROA16.7 %6.6 %-98.8 %0.8 %
ROE22.3 %7.2 %-124.4 %-14.7 %
ROI27.8 %9.6 %-140.9 %1.4 %
Economic value added (EVA)109.1815.67- 378.42-4.03
Solvency
Equity ratio58.8 %78.3 %44.5 %61.9 %
Gearing2.4 %1.5 %4.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.13.81.82.6
Current ratio2.13.81.82.6
Cash and cash equivalents98.6710.6667.9844.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:0.76%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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