FOLKER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOLKER A/S
FOLKER A/S (CVR number: 10214777) is a company from RUDERSDAL. The company recorded a gross profit of -181.1 kDKK in 2019. The operating profit was -181.1 kDKK, while net earnings were -66.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOLKER A/S's liquidity measured by quick ratio was 255.7 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 financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | - 269.02 | - 207.89 | - 259.45 | - 181.10 |
| EBIT | - 269.02 | - 207.89 | - 259.45 | - 181.10 |
| Net earnings | - 106.09 | 563.81 | - 761.22 | -66.33 |
| Shareholders equity total | 14 637.02 | 15 100.83 | 14 239.61 | 14 073.29 |
| Balance sheet total (assets) | 14 681.27 | 15 207.42 | 14 295.47 | 14 128.55 |
| Net debt | -14 484.88 | -15 092.52 | -13 810.32 | -12 504.57 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 2.3 % | 4.9 % | 1.6 % | 0.9 % |
| ROE | -0.7 % | 3.8 % | -5.2 % | -0.5 % |
| ROI | 2.3 % | 5.0 % | 1.6 % | 1.0 % |
| Economic value added (EVA) | - 256.32 | - 166.61 | - 205.88 | - 150.15 |
| Solvency | ||||
| Equity ratio | 99.7 % | 99.3 % | 99.6 % | 99.6 % |
| Gearing | ||||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 331.8 | 142.7 | 255.9 | 255.7 |
| Current ratio | 331.8 | 142.7 | 255.9 | 255.7 |
| Cash and cash equivalents | 14 484.88 | 15 092.52 | 13 810.32 | 12 504.57 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | BBB | BBB | BBB |
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