FORS Grøn Energi A/S — Credit Rating and Financial Key Figures

CVR number: 36936584
Betonvej 12, 4000 Roskilde

Credit rating

Company information

Official name
FORS Grøn Energi A/S
Established
2015
Company form
Limited company
Industry

About FORS Grøn Energi A/S

FORS Grøn Energi A/S (CVR number: 36936584) is a company from ROSKILDE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -33 kDKK, while net earnings were 57 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORS Grøn Energi A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-34.00-39.00-37.00-41.00-33.00
Net earnings-20.00-40.0060.00493.0057.00
Shareholders equity total2 634.002 594.002 654.003 147.003 204.00
Balance sheet total (assets)2 851.002 881.003 083.003 592.003 788.00
Net debt- 646.00- 805.00- 957.00-1 437.00- 558.00
Profitability
EBIT-%
ROA0.9 %0.0 %5.9 %14.2 %4.4 %
ROE-0.8 %-1.5 %2.3 %17.0 %1.8 %
ROI0.9 %0.0 %6.0 %14.6 %4.5 %
Economic value added (EVA)- 130.27- 134.17- 109.63- 119.93-98.96
Solvency
Equity ratio92.4 %90.0 %86.1 %87.6 %84.6 %
Gearing3.6 %5.0 %6.3 %6.6 %10.0 %
Relative net indebtedness %
Liquidity
Quick ratio6.74.95.04.82.3
Current ratio6.74.95.04.82.3
Cash and cash equivalents740.00935.001 125.001 644.00877.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:4.42%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.6%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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