Fortytwo Europe ApS — Credit Rating and Financial Key Figures

CVR number: 44060787
Stenbakken 12, 2791 Dragør
Free credit report Annual report

Company information

Official name
Fortytwo Europe ApS
Personnel
1 person
Established
2023
Company form
Private limited company
Industry

About Fortytwo Europe ApS

Fortytwo Europe ApS (CVR number: 44060787) is a company from DRAGØR. The company recorded a gross profit of -30.6 kDKK in 2024. The operating profit was -69.3 kDKK, while net earnings were -58.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -90.3 %, which can be considered poor and Return on Equity (ROE) was -147.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fortytwo Europe 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit-15.23-30.65
EBIT-15.35-69.32
Net earnings-16.18-58.24
Shareholders equity total23.82-34.41
Balance sheet total (assets)64.0755.05
Net debt-1.85-26.95
Profitability
EBIT-%
ROA-24.0 %-90.3 %
ROE-67.9 %-147.7 %
ROI-64.4 %-582.0 %
Economic value added (EVA)-13.06-57.64
Solvency
Equity ratio37.2 %-38.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.60.6
Current ratio1.60.6
Cash and cash equivalents1.8526.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-90.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-38.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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