FORVALTNINGSSERVICE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORVALTNINGSSERVICE ApS
FORVALTNINGSSERVICE ApS (CVR number: 20290838) is a company from HOLBÆK. The company recorded a gross profit of 86.7 kDKK in 2023. The operating profit was 19.6 kDKK, while net earnings were -0.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FORVALTNINGSSERVICE ApS's liquidity measured by quick ratio was 3.7 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 | 76.11 | 3.06 | 154.08 | 110.88 | 86.66 |
EBIT | 61.50 | -47.54 | 91.47 | 65.27 | 19.62 |
Net earnings | 38.92 | 70.83 | 23.07 | 42.98 | -0.94 |
Shareholders equity total | 198.88 | 269.71 | 292.79 | 335.77 | 334.83 |
Balance sheet total (assets) | 528.87 | 562.45 | 458.45 | 505.11 | 461.03 |
Net debt | -43.19 | 0.86 | - 115.91 | - 139.55 | - 161.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.8 % | 19.2 % | 17.9 % | 13.5 % | 5.5 % |
ROE | 21.7 % | 30.2 % | 8.2 % | 13.7 % | -0.3 % |
ROI | 22.9 % | 23.1 % | 19.8 % | 15.2 % | 6.1 % |
Economic value added (EVA) | 53.38 | -35.67 | 70.72 | 46.94 | 16.11 |
Solvency | |||||
Equity ratio | 46.4 % | 48.0 % | 63.9 % | 66.5 % | 72.6 % |
Gearing | 89.2 % | 96.6 % | 34.7 % | 37.6 % | 24.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.8 | 2.6 | 2.9 | 3.7 |
Current ratio | 1.4 | 1.8 | 2.6 | 2.9 | 3.7 |
Cash and cash equivalents | 220.50 | 259.56 | 217.47 | 265.94 | 243.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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