Forné Innovation & Finance ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Forné Innovation & Finance ApS
Forné Innovation & Finance ApS (CVR number: 42400033) is a company from HILLERØD. The company recorded a gross profit of -11.3 kDKK in 2024. The operating profit was -11.3 kDKK, while net earnings were 37.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Forné Innovation & Finance ApS's liquidity measured by quick ratio was 146.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1.80 | -26.25 | -10.42 | -11.25 | -11.29 |
| EBIT | -1.80 | -26.25 | -10.42 | -11.25 | -11.29 |
| Net earnings | -7.03 | - 225.31 | 191.53 | 450.23 | 37.62 |
| Shareholders equity total | 1 607.10 | 1 381.79 | 1 573.33 | 1 964.66 | 1 980.49 |
| Balance sheet total (assets) | 1 609.10 | 1 381.79 | 1 573.33 | 2 082.65 | 1 994.11 |
| Net debt | 2.00 | -1 314.53 | -1 562.25 | -2 063.72 | -1 989.40 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.1 % | -1.1 % | 16.8 % | 31.7 % | 2.4 % |
| ROE | -0.4 % | -15.1 % | 13.0 % | 25.5 % | 1.9 % |
| ROI | -0.1 % | -1.1 % | 16.8 % | 32.8 % | 2.5 % |
| Economic value added (EVA) | -1.80 | - 101.34 | -77.49 | -87.83 | - 107.53 |
| Solvency | |||||
| Equity ratio | 99.9 % | 99.7 % | 100.0 % | 94.3 % | 99.3 % |
| Gearing | 0.1 % | 0.1 % | 0.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 804.6 | 690.9 | 17.7 | 146.4 | |
| Current ratio | 804.6 | 690.9 | 17.7 | 146.4 | |
| Cash and cash equivalents | 1 316.53 | 1 562.25 | 2 063.72 | 1 993.81 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BBB | BB |
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