Forstel Group ApS — Credit Rating and Financial Key Figures

CVR number: 38643355
Frederiksborggade 42, 1360 København K
forstel@forstel.com
tel: 31330898
www.forstel.com

Credit rating

Company information

Official name
Forstel Group ApS
Personnel
8 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon63Information service activities

About Forstel Group ApS

Forstel Group ApS (CVR number: 38643355) is a company from KØBENHAVN. The company reported a net sales of 3 mDKK in 2023, demonstrating a decline of -21.9 % compared to the previous year. The operating profit percentage was poor at -21.2 % (EBIT: -0.6 mDKK), while net earnings were -654.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.9 %, which can be considered poor and Return on Equity (ROE) was -25.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. Forstel Group ApS's liquidity measured by quick ratio was 4.2 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales10 886.9216 894.415 214.243 885.093 035.06
Gross profit2 133.393 052.763 053.052 479.671 328.80
EBIT74.75593.99246.57264.22- 642.92
Net earnings68.62513.04533.30402.00- 654.48
Shareholders equity total1 454.891 967.932 501.232 903.222 248.74
Balance sheet total (assets)1 659.593 373.472 969.573 480.572 931.44
Net debt- 746.84-1 903.82- 997.73- 665.04- 541.25
Profitability
EBIT-%0.7 %3.5 %4.7 %6.8 %-21.2 %
ROA4.6 %25.8 %18.8 %14.5 %-20.9 %
ROE4.8 %30.0 %23.9 %14.9 %-25.4 %
ROI5.2 %36.5 %26.0 %17.0 %-25.7 %
Economic value added (EVA)73.84480.24329.79238.88- 629.40
Solvency
Equity ratio87.7 %58.3 %84.2 %83.4 %76.7 %
Gearing
Relative net indebtedness %-5.6 %-3.3 %-11.1 %-7.7 %-5.6 %
Liquidity
Quick ratio9.01.84.45.74.2
Current ratio9.01.84.45.74.2
Cash and cash equivalents746.841 903.82997.73665.04541.25
Capital use efficiency
Trade debtors turnover (days)2.23.00.6
Net working capital %10.1 %6.5 %27.2 %44.1 %39.6 %
Credit risk
Credit ratingBBBBBBAABB

Variable visualization

ROA:-20.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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