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Format Biler ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Format Biler ApS
Format Biler ApS (CVR number: 42916935) is a company from HILLERØD. The company recorded a gross profit of 91 kDKK in 2025. The operating profit was -16.4 kDKK, while net earnings were -17.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.9 %, which can be considered poor and Return on Equity (ROE) was -43.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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. Format Biler ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 213.34 | -11.35 | 73.72 | 91.02 |
| EBIT | 29.76 | -72.82 | 60.53 | -16.44 |
| Net earnings | 22.48 | -72.83 | 60.20 | -17.80 |
| Shareholders equity total | 62.48 | -10.35 | 49.85 | 32.05 |
| Balance sheet total (assets) | 409.69 | 63.74 | 65.44 | 108.70 |
| Net debt | -31.19 | -23.73 | -25.44 | -48.93 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 7.3 % | -30.1 % | 86.8 % | -18.9 % |
| ROE | 36.0 % | -115.4 % | 106.0 % | -43.5 % |
| ROI | 47.6 % | -233.1 % | 242.8 % | -40.1 % |
| Economic value added (EVA) | 22.90 | -75.96 | 61.05 | -18.94 |
| Solvency | ||||
| Equity ratio | 15.2 % | -14.0 % | 76.2 % | 29.5 % |
| Gearing | ||||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.1 | 0.9 | 4.2 | 1.4 |
| Current ratio | 0.3 | 0.9 | 4.2 | 1.4 |
| Cash and cash equivalents | 31.19 | 23.73 | 25.44 | 48.93 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | B | BB | BB |
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