Forandring ApS — Credit Rating and Financial Key Figures

Forandring ApS (CVR number: 28154070) is a company from KOLDING. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a growth of 29.2 % compared to the previous year. The operating profit percentage was at 10.5 % (EBIT: 0.2 mDKK), while net earnings were 134.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.7 %, which can be considered excellent and Return on Equity (ROE) was 52.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -33.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Forandring ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.