FORS Grøn Energi A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -34.00 | -39.00 | -37.00 | -41.00 | -33.00 |
Net earnings | -20.00 | -40.00 | 60.00 | 493.00 | 57.00 |
Shareholders equity total | 2 634.00 | 2 594.00 | 2 654.00 | 3 147.00 | 3 204.00 |
Balance sheet total (assets) | 2 851.00 | 2 881.00 | 3 083.00 | 3 592.00 | 3 788.00 |
Net debt | - 646.00 | - 805.00 | - 957.00 | -1 437.00 | - 558.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | 0.0 % | 5.9 % | 14.2 % | 4.4 % |
ROE | -0.8 % | -1.5 % | 2.3 % | 17.0 % | 1.8 % |
ROI | 0.9 % | 0.0 % | 6.0 % | 14.6 % | 4.5 % |
Economic value added (EVA) | - 130.27 | - 134.17 | - 109.63 | - 119.93 | -98.96 |
Solvency | |||||
Equity ratio | 92.4 % | 90.0 % | 86.1 % | 87.6 % | 84.6 % |
Gearing | 3.6 % | 5.0 % | 6.3 % | 6.6 % | 10.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.7 | 4.9 | 5.0 | 4.8 | 2.3 |
Current ratio | 6.7 | 4.9 | 5.0 | 4.8 | 2.3 |
Cash and cash equivalents | 740.00 | 935.00 | 1 125.00 | 1 644.00 | 877.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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