Forhus ApS — Credit Rating and Financial Key Figures

CVR number: 40790101
Vrenstedvej 10, 9480 Løkken
kbr@med24.dk
tel: 30262644

Credit rating

Company information

Official name
Forhus ApS
Established
2019
Company form
Private limited company
Industry

About Forhus ApS

Forhus ApS (CVR number: 40790101) is a company from HJØRRING. The company recorded a gross profit of 89.7 kDKK in 2023. The operating profit was 89.7 kDKK, while net earnings were 66.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.2 %, 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. Forhus ApS's liquidity measured by quick ratio was 1.7 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
Volume
Net sales
Gross profit2.6015.7989.8589.68
EBIT-8.65-14.560.3889.68
Net earnings-19.04-17.95-5.5266.19
Shareholders equity total1 030.961 013.011 007.491 073.68
Balance sheet total (assets)1 030.961 229.791 336.351 409.81
Net debt-39.05- 116.82- 144.47- 228.96
Profitability
EBIT-%
ROA-0.8 %-1.3 %0.1 %7.2 %
ROE-1.8 %-1.8 %-0.5 %6.4 %
ROI-0.8 %-1.4 %0.2 %7.4 %
Economic value added (EVA)-6.77-66.99-44.6934.25
Solvency
Equity ratio100.0 %82.4 %75.4 %76.2 %
Gearing21.5 %21.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.41.7
Current ratio0.61.41.7
Cash and cash equivalents39.05116.82360.76453.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:7.18%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.2%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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