For fortiden HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25956931
Torskekaj 1, 6700 Esbjerg
ts@akkerman.dk
tel: 40502299

Credit rating

Company information

Official name
For fortiden HOLDING ApS
Established
2001
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About For fortiden HOLDING ApS

For fortiden HOLDING ApS (CVR number: 25956931) is a company from ESBJERG. The company recorded a gross profit of -3151.5 kDKK in 2019. The operating profit was -4059.6 kDKK, while net earnings were -4062 kDKK. The profitability of the company measured by Return on Assets (ROA) was -147.3 %, which can be considered poor and Return on Equity (ROE) was -237.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -99.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. For fortiden HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit817.92892.701 322.64-3 151.49
EBIT272.07363.61368.93-4 059.61
Net earnings202.72342.90404.97-4 062.05
Shareholders equity total2 841.853 084.743 414.71- 647.34
Balance sheet total (assets)4 114.734 885.444 861.684.17
Net debt- 460.00-30.61113.29-0.00
Profitability
EBIT-%
ROA6.6 %10.3 %10.8 %-147.3 %
ROE7.1 %11.6 %12.5 %-237.6 %
ROI9.6 %15.6 %16.0 %-230.1 %
Economic value added (EVA)272.07157.76129.46-4 236.90
Solvency
Equity ratio69.1 %63.1 %70.2 %-99.4 %
Gearing3.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.03.00.0
Current ratio1.82.03.00.0
Cash and cash equivalents460.0030.610.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAB

Variable visualization

ROA:-147.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-99.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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