FORMOSA EMPRESS YACHT MARINE ApS — Credit Rating and Financial Key Figures

CVR number: 89944619
Anemonevej 62, 2820 Gentofte
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Credit rating

Company information

Official name
FORMOSA EMPRESS YACHT MARINE ApS
Established
1982
Company form
Private limited company
Industry

About FORMOSA EMPRESS YACHT MARINE ApS

FORMOSA EMPRESS YACHT MARINE ApS (CVR number: 89944619) is a company from GENTOFTE. The company recorded a gross profit of -41.3 kDKK in 2024. The operating profit was -41.3 kDKK, while net earnings were -47.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. FORMOSA EMPRESS YACHT MARINE ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit69.6122.2443.5857.07-41.32
EBIT69.6172.24-6.4257.07-41.32
Net earnings46.5562.96-20.6149.08-47.29
Shareholders equity total3 032.463 095.413 074.813 123.893 076.60
Balance sheet total (assets)4 859.154 911.374 868.584 877.464 820.37
Net debt758.35680.84600.01531.11487.50
Profitability
EBIT-%
ROA1.4 %1.5 %-0.1 %1.2 %-0.9 %
ROE1.5 %2.1 %-0.7 %1.6 %-1.5 %
ROI1.6 %1.6 %-0.1 %1.3 %-1.0 %
Economic value added (EVA)- 167.93- 149.41- 230.41- 159.54- 254.67
Solvency
Equity ratio62.4 %63.0 %63.2 %64.0 %63.8 %
Gearing25.2 %22.1 %19.6 %17.0 %16.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.20.1
Current ratio0.20.20.20.20.1
Cash and cash equivalents5.172.893.411.493.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.85%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.8%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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