FOMSGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 19094596
Broholmvænget 5, 5230 Odense M
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Credit rating

Company information

Official name
FOMSGAARD ApS
Personnel
1 person
Established
1996
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit645.00617.00567.00534.00421.53
EBIT457.00304.00433.00- 540.00- 768.88
Net earnings287.0093.00238.00- 589.00- 415.17
Shareholders equity total7 972.007 866.007 904.007 186.006 271.08
Balance sheet total (assets)16 289.0016 186.0014 902.0013 905.0012 924.92
Net debt4 491.004 920.002 371.002 650.002 919.40
Profitability
EBIT-%
ROA3.4 %1.9 %3.3 %-2.6 %-2.9 %
ROE3.6 %1.2 %3.0 %-7.8 %-6.2 %
ROI3.5 %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 ratio48.9 %48.6 %53.1 %51.7 %48.5 %
Gearing76.6 %76.7 %62.8 %68.5 %79.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.22.45.48.55.3
Current ratio3.22.45.38.55.3
Cash and cash equivalents1 614.001 111.002 593.002 275.002 043.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-2.91%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.5%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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