FOMSGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOMSGAARD ApS
FOMSGAARD ApS (CVR number: 19094596) is a company from ODENSE. The company recorded a gross profit of 421.5 kDKK in 2023. The operating profit was -768.9 kDKK, while net earnings were -415.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.5 %, 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. FOMSGAARD ApS's liquidity measured by quick ratio was 5.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 645.00 | 617.00 | 567.00 | 534.00 | 421.53 |
EBIT | 457.00 | 304.00 | 433.00 | - 540.00 | - 768.88 |
Net earnings | 287.00 | 93.00 | 238.00 | - 589.00 | - 415.17 |
Shareholders equity total | 7 972.00 | 7 866.00 | 7 904.00 | 7 186.00 | 6 271.08 |
Balance sheet total (assets) | 16 289.00 | 16 186.00 | 14 902.00 | 13 905.00 | 12 924.92 |
Net debt | 4 491.00 | 4 920.00 | 2 371.00 | 2 650.00 | 2 919.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.4 % | 1.9 % | 3.3 % | -2.6 % | -2.9 % |
ROE | 3.6 % | 1.2 % | 3.0 % | -7.8 % | -6.2 % |
ROI | 3.5 % | 1.9 % | 3.4 % | -2.7 % | -3.0 % |
Economic value added (EVA) | - 256.43 | - 410.49 | - 367.80 | - 937.06 | -1 093.81 |
Solvency | |||||
Equity ratio | 48.9 % | 48.6 % | 53.1 % | 51.7 % | 48.5 % |
Gearing | 76.6 % | 76.7 % | 62.8 % | 68.5 % | 79.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 2.4 | 5.4 | 8.5 | 5.3 |
Current ratio | 3.2 | 2.4 | 5.3 | 8.5 | 5.3 |
Cash and cash equivalents | 1 614.00 | 1 111.00 | 2 593.00 | 2 275.00 | 2 043.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
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