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Formas ApS — Credit Rating and Financial Key Figures

CVR number: 36689056
Center Boulevard 5, 2300 København S
Free credit report Annual report

Company information

Official name
Formas ApS
Established
2015
Company form
Private limited company
Industry

About Formas ApS

Formas ApS (CVR number: 36689056) is a company from KØBENHAVN. The company recorded a gross profit of -42.9 kDKK in 2024. The operating profit was -42.9 kDKK, while net earnings were -147.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. Formas ApS's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-18.77-17.61-52.97-18.19-42.89
EBIT-18.77-17.61-52.97-18.19-42.89
Net earnings398.10621.17639.50- 146.27- 147.51
Shareholders equity total1 721.132 342.302 981.802 835.532 688.02
Balance sheet total (assets)4 782.795 487.976 285.254 700.864 896.83
Net debt2 880.152 566.392 134.831 594.371 789.63
Profitability
EBIT-%
ROA12.7 %16.1 %16.1 %-0.3 %-1.7 %
ROE19.7 %30.6 %24.0 %-5.0 %-5.3 %
ROI13.0 %16.6 %16.6 %-0.3 %-1.7 %
Economic value added (EVA)- 225.22- 248.00- 308.87- 330.54- 268.50
Solvency
Equity ratio36.0 %42.7 %47.4 %60.3 %58.3 %
Gearing170.2 %127.6 %104.2 %64.0 %71.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.71.92.52.5
Current ratio1.61.71.92.52.2
Cash and cash equivalents49.93421.46972.31220.78125.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.67%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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