FormQuest IVS
Credit rating
Company information
About FormQuest IVS
FormQuest IVS (CVR number: 38196030) is a company from ASSENS. The company recorded a gross profit of 2.2 kDKK in 2020. The operating profit was 2.2 kDKK, while net earnings were -14.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was -38.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FormQuest IVS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Volume | ||||
Net sales | 2.44 | |||
Gross profit | 0.14 | 14.72 | 2.16 | |
EBIT | 0.14 | 14.72 | 2.16 | |
Net earnings | 0.14 | -0.58 | 11.44 | -14.66 |
Shareholders equity total | 1.14 | 0.56 | 12.00 | -2.66 |
Balance sheet total (assets) | 1.14 | 0.56 | 37.89 | 65.05 |
Net debt | -1.14 | -0.56 | 3.54 | -0.94 |
Profitability | ||||
EBIT-% | 5.8 % | |||
ROA | 12.4 % | 76.6 % | 4.1 % | |
ROE | 12.4 % | -68.3 % | 182.2 % | -38.1 % |
ROI | 12.4 % | 155.3 % | 20.2 % | |
Economic value added (EVA) | 0.14 | 11.58 | 1.84 | |
Solvency | ||||
Equity ratio | 100.0 % | 100.0 % | 31.7 % | -3.9 % |
Gearing | 53.3 % | -111.6 % | ||
Relative net indebtedness % | -46.8 % | |||
Liquidity | ||||
Quick ratio | 0.3 | 0.5 | ||
Current ratio | 1.5 | 1.0 | ||
Cash and cash equivalents | 1.14 | 0.56 | 2.85 | 3.91 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 46.8 % | |||
Credit risk | ||||
Credit rating | C | C | B | B |
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