FORMULA AUTOMOBILE A/S — Credit Rating and Financial Key Figures

FORMULA AUTOMOBILE A/S (CVR number: 26181992) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 955.9 mDKK in 2024, demonstrating a growth of 8.9 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 16.3 mDKK), while net earnings were 9477 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 46.3 %, 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. FORMULA AUTOMOBILE A/S's liquidity measured by quick ratio was 1.6 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.