FORMATEK A/S — Credit Rating and Financial Key Figures

FORMATEK A/S (CVR number: 18660784) is a company from HØJE TAASTRUP. The company recorded a gross profit of 732.9 kDKK in 2017. The operating profit was 567 kDKK, while net earnings were 434.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.1 %, which can be considered excellent and Return on Equity (ROE) was 46.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORMATEK A/S's liquidity measured by quick ratio was 7.1 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.