FOLMERS EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 26509785
Blåvandvej 17, 6857 Blåvand
jj@folmerspizza.dk
tel: 75259575

Company information

Official name
FOLMERS EJENDOMSSELSKAB ApS
Established
2002
Company form
Private limited company
Industry

About FOLMERS EJENDOMSSELSKAB ApS

FOLMERS EJENDOMSSELSKAB ApS (CVR number: 26509785) is a company from VARDE. The company recorded a gross profit of -31.9 kDKK in 2021. The operating profit was 825.9 kDKK, while net earnings were 1014.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.2 %, which can be considered excellent and Return on Equity (ROE) was 62.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -23.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FOLMERS EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit39.7038.2723.4433.95-31.90
EBIT-19.46129.11-35.73-25.21825.94
Net earnings- 122.7416.29-90.73- 100.761 014.66
Shareholders equity total-1 088.84-1 072.55-1 163.27-1 264.03- 249.37
Balance sheet total (assets)2 454.202 552.452 472.972 430.16818.66
Net debt2 393.482 251.482 395.612 404.81-18.23
Profitability
EBIT-%
ROA-0.5 %3.6 %-1.0 %-0.5 %49.2 %
ROE-4.9 %0.7 %-3.6 %-4.1 %62.5 %
ROI-0.8 %5.4 %-1.5 %-0.8 %97.5 %
Economic value added (EVA)-81.7872.44-73.72-75.20855.10
Solvency
Equity ratio-30.7 %-29.6 %-32.0 %-34.2 %-23.3 %
Gearing-219.9 %-223.9 %-206.5 %-190.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.10.8
Current ratio0.10.20.20.10.8
Cash and cash equivalents1.23150.006.3818.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:49.2%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-23.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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