FORE Elmehaven ApS — Credit Rating and Financial Key Figures

CVR number: 28894082
Kalvebod Brygge 39, 1560 København V

Company information

Official name
FORE Elmehaven ApS
Established
2005
Company form
Private limited company
Industry

About FORE Elmehaven ApS

FORE Elmehaven ApS (CVR number: 28894082) is a company from KØBENHAVN. The company recorded a gross profit of 2166.8 kDKK in 2024. The operating profit was 3166.8 kDKK, while net earnings were 2096.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FORE Elmehaven ApS's liquidity measured by quick ratio was 2.3 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
2024
Volume
Net sales
Gross profit2 114.981 838.231 721.231 567.082 166.81
EBIT2 714.985 438.231 721.23-2 232.923 166.81
Net earnings1 696.183 990.201 136.93-2 078.532 096.57
Shareholders equity total13 123.9317 114.1318 251.0615 272.5417 369.10
Balance sheet total (assets)55 417.2859 150.1658 622.9354 391.6856 896.22
Net debt36 445.2235 153.3233 640.3033 794.8032 185.58
Profitability
EBIT-%
ROA4.9 %9.5 %2.9 %-3.9 %5.7 %
ROE11.6 %26.4 %6.4 %-12.4 %12.8 %
ROI4.9 %9.5 %2.9 %-3.9 %5.8 %
Economic value added (EVA)- 739.401 519.54-1 602.95-4 593.15- 183.34
Solvency
Equity ratio23.7 %28.9 %31.1 %28.1 %30.5 %
Gearing288.0 %214.5 %188.6 %224.3 %196.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.61.00.92.3
Current ratio0.40.61.00.92.3
Cash and cash equivalents1 350.811 550.16777.06463.832 018.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:5.73%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

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