Forun ApS

CVR number: 39675412
Smedekærvej 35, 2770 Kastrup

Credit rating

Company information

Official name
Forun ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Forun ApS

Forun ApS (CVR number: 39675412) is a company from TÅRNBY. The company recorded a gross profit of 948.9 kDKK in 2023. The operating profit was 234.5 kDKK, while net earnings were 151.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 24.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Forun ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 467.211 139.14712.77784.24948.88
EBIT251.5329.97- 216.22185.37234.50
Net earnings191.616.51- 235.63157.22151.38
Shareholders equity total617.36623.87388.24545.46696.84
Balance sheet total (assets)4 971.262 760.362 532.802 358.062 184.25
Net debt-2 443.79682.32872.40989.01802.98
Profitability
EBIT-%
ROA6.6 %0.8 %-8.2 %7.6 %10.3 %
ROE36.7 %1.0 %-46.6 %33.7 %24.4 %
ROI44.8 %2.8 %-15.4 %12.9 %15.2 %
Economic value added (EVA)187.67113.06- 228.28180.93156.99
Solvency
Equity ratio12.4 %22.6 %15.3 %23.1 %31.9 %
Gearing138.5 %232.3 %186.7 %118.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.80.60.50.4
Current ratio1.11.21.21.31.5
Cash and cash equivalents2 443.79181.8429.5829.5823.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.9%
Rating: 28/100
-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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