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FORENEDE HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 36036656
Borupvang 5 E, 2750 Ballerup
Free credit report Annual report

Company information

Official name
FORENEDE HOLDING A/S
Personnel
17 persons
Established
2014
Company form
Limited company
Industry

About FORENEDE HOLDING A/S

FORENEDE HOLDING A/S (CVR number: 36036656) is a company from BALLERUP. The company reported a net sales of 35.8 mDKK in 2025, demonstrating a growth of 5.2 % compared to the previous year. The operating profit percentage was at 257.7 % (EBIT: 92.2 mDKK), while net earnings were 86 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORENEDE HOLDING A/S's liquidity measured by quick ratio was 3.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales8.6012.6138.7934.0335.80
Gross profit0.40-8.5620.3724.76122.97
EBIT-20.34-24.26-0.850.0192.25
Net earnings4.60-9.77-45.4172.5985.95
Shareholders equity total301.39266.00222.00283.26387.50
Balance sheet total (assets)492.50510.06502.75518.13398.99
Net debt178.83231.41273.96227.340.50
Profitability
EBIT-%-236.5 %-192.4 %-2.2 %0.0 %257.7 %
ROA0.7 %-2.2 %-6.5 %18.0 %19.6 %
ROE1.5 %-3.4 %-18.6 %28.7 %25.6 %
ROI0.7 %-2.2 %-6.6 %18.3 %20.0 %
Economic value added (EVA)-39.50-43.20-25.67-24.9172.21
Solvency
Equity ratio61.2 %52.2 %44.2 %54.7 %97.1 %
Gearing60.3 %87.0 %123.4 %80.3 %0.1 %
Relative net indebtedness %2188.1 %1935.5 %723.7 %690.2 %32.1 %
Liquidity
Quick ratio0.10.20.30.13.2
Current ratio0.10.20.30.13.2
Cash and cash equivalents2.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2030.4 %-1575.5 %-525.2 %-638.9 %65.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:19.6%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:97.1%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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