FOLSØ HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27919553
Åstrupvej 10, 9800 Hjørring

Company information

Official name
FOLSØ HOLDING ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About FOLSØ HOLDING ApS

FOLSØ HOLDING ApS (CVR number: 27919553) is a company from HJØRRING. The company recorded a gross profit of 1292.3 kDKK in 2023. The operating profit was 1146.3 kDKK, while net earnings were 3086.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOLSØ HOLDING ApS's liquidity measured by quick ratio was 3.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit727.401 924.621 287.231 837.641 292.32
EBIT1 006.081 910.312 358.402 162.281 146.27
Net earnings1 013.474 211.033 645.122 016.633 086.36
Shareholders equity total21 776.0925 959.2929 595.7631 665.6734 677.31
Balance sheet total (assets)26 265.1334 314.1437 508.1138 451.4841 837.64
Net debt- 523.113 507.062 803.052 201.58- 788.70
Profitability
EBIT-%
ROA8.4 %17.0 %12.2 %6.4 %9.1 %
ROE4.7 %17.6 %13.1 %6.6 %9.3 %
ROI8.5 %17.4 %12.6 %6.6 %9.3 %
Economic value added (EVA)393.471 253.951 483.991 554.19284.38
Solvency
Equity ratio82.9 %75.7 %78.9 %82.4 %82.9 %
Gearing10.1 %17.5 %13.5 %10.6 %8.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.50.71.01.43.2
Current ratio2.80.71.01.43.3
Cash and cash equivalents2 715.801 031.961 200.321 154.423 711.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:9.12%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.9%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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