Formidable ApS — Credit Rating and Financial Key Figures

Formidable ApS (CVR number: 38850431) is a company from GENTOFTE. The company recorded a gross profit of -1662.4 kDKK in 2024. The operating profit was -6541.7 kDKK, while net earnings were -6367.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -75.4 %, which can be considered poor and Return on Equity (ROE) was -202.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -63.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Formidable ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.