Form Plus ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Form Plus ApS
Form Plus ApS (CVR number: 43573349) is a company from AARHUS. The company recorded a gross profit of 2071.9 kDKK in 2024. The operating profit was -3544.4 kDKK, while net earnings were -2879.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.5 %, which can be considered poor and Return on Equity (ROE) was -50.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Form Plus ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 849.22 | 2 071.89 |
EBIT | -2 627.38 | -3 544.41 |
Net earnings | -2 992.80 | -2 879.90 |
Shareholders equity total | 2 517.19 | - 362.71 |
Balance sheet total (assets) | 8 689.06 | 8 855.80 |
Net debt | 909.01 | 804.33 |
Profitability | ||
EBIT-% | ||
ROA | -30.1 % | -39.5 % |
ROE | -118.9 % | -50.6 % |
ROI | -74.5 % | -157.2 % |
Economic value added (EVA) | -2 010.28 | -2 792.84 |
Solvency | ||
Equity ratio | 29.0 % | -3.9 % |
Gearing | 39.6 % | -270.3 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 0.4 | 0.6 |
Current ratio | 0.4 | 0.6 |
Cash and cash equivalents | 88.63 | 176.12 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BB | B |
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