FORTAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORTAL ApS
FORTAL ApS (CVR number: 28973551) is a company from HERLEV. The company reported a net sales of 0.1 mDKK in 2019, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 13.4 % (EBIT: 0 mDKK), while net earnings were 12.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FORTAL ApS's liquidity measured by quick ratio was 2.2 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 106.85 | 110.88 | 115.20 | 119.52 |
Gross profit | 48.73 | 36.51 | 68.64 | 81.23 |
EBIT | 24.45 | 9.23 | 1.37 | 15.96 |
Net earnings | 18.12 | 7.15 | 1.06 | 12.47 |
Shareholders equity total | 125.53 | 132.67 | 133.73 | 146.20 |
Balance sheet total (assets) | 191.47 | 229.59 | 219.55 | 265.12 |
Net debt | - 191.47 | - 229.59 | - 219.55 | - 265.12 |
Profitability | ||||
EBIT-% | 22.9 % | 8.3 % | 1.2 % | 13.4 % |
ROA | 12.8 % | 4.4 % | 0.6 % | 6.6 % |
ROE | 14.4 % | 5.5 % | 0.8 % | 8.9 % |
ROI | 19.5 % | 7.2 % | 1.0 % | 11.4 % |
Economic value added (EVA) | 18.86 | 10.52 | 6.24 | 16.78 |
Solvency | ||||
Equity ratio | 65.6 % | 57.8 % | 60.9 % | 55.1 % |
Gearing | ||||
Relative net indebtedness % | -117.5 % | -119.7 % | -116.1 % | -122.3 % |
Liquidity | ||||
Quick ratio | 2.9 | 2.4 | 2.6 | 2.2 |
Current ratio | 2.9 | 2.4 | 2.6 | 2.2 |
Cash and cash equivalents | 191.47 | 229.59 | 219.55 | 265.12 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 117.5 % | 119.7 % | 116.1 % | 122.3 % |
Credit risk | ||||
Credit rating | B | BB | B | BB |
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