FORM3 A/S

CVR number: 31473802
Albuen 2 D, 6000 Kolding
tel: 75506016

Credit rating

Company information

Official name
FORM3 A/S
Personnel
15 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About the company

FORM3 A/S (CVR number: 31473802) is a company from KOLDING. The company recorded a gross profit of 11.1 mDKK in 2023. The operating profit was 3348.3 kDKK, while net earnings were 2553.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 92.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.1 %, 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. FORM3 A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit6 599.694 940.084 176.176 265.8711 057.01
EBIT749.324.64- 907.26- 176.723 348.34
Net earnings652.5061.1537.12- 418.832 553.40
Shareholders equity total3 391.192 852.341 889.461 470.644 024.04
Balance sheet total (assets)9 423.8611 185.8411 083.8212 091.9740 034.16
Net debt-1 921.70609.461 748.172 481.04-6 836.46
Profitability
EBIT-%
ROA8.3 %5.1 %0.8 %3.3 %14.6 %
ROE18.3 %2.0 %1.6 %-24.9 %92.9 %
ROI20.8 %12.6 %1.8 %6.8 %71.3 %
Economic value added (EVA)473.42-59.64- 678.67- 143.422 621.24
Solvency
Equity ratio36.0 %25.5 %17.0 %12.2 %10.1 %
Gearing6.4 %45.5 %186.7 %281.8 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.31.21.11.1
Current ratio1.51.31.21.11.1
Cash and cash equivalents2 140.30687.411 778.631 662.846 983.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:14.6%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.1%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-10-04T14:01:12.237Z

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