FORBRUGSFORENINGEN AF 1886 — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORBRUGSFORENINGEN AF 1886
FORBRUGSFORENINGEN AF 1886 (CVR number: 15491914) is a company from KØBENHAVN. The company recorded a gross profit of 30.5 mDKK in 2024. The operating profit was 480 kDKK, while net earnings were 16.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FORBRUGSFORENINGEN AF 1886's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22 873.00 | 29 868.00 | 32 248.00 | 32 582.00 | 30 500.00 |
EBIT | -3 862.00 | 4 295.00 | 8 526.00 | 4 806.00 | 480.00 |
Net earnings | 1 806.00 | 21 300.00 | -4 669.00 | 24 467.00 | 16 920.00 |
Shareholders equity total | 329 263.00 | 350 563.00 | 345 894.00 | 370 361.00 | 387 281.00 |
Balance sheet total (assets) | 663 281.00 | 716 538.00 | 665 760.00 | 644 539.00 | 656 207.00 |
Net debt | - 120 362.00 | - 110 785.00 | -92 044.00 | -38 963.00 | -32 877.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | 4.4 % | 2.8 % | 4.6 % | 3.5 % |
ROE | 0.6 % | 6.3 % | -1.3 % | 6.8 % | 4.5 % |
ROI | 1.6 % | 8.8 % | 5.6 % | 8.4 % | 5.9 % |
Economic value added (EVA) | -19 308.64 | -13 320.58 | -11 522.50 | -13 637.66 | -18 337.28 |
Solvency | |||||
Equity ratio | 49.6 % | 48.9 % | 52.0 % | 57.5 % | 59.0 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.2 | 1.1 | 1.1 |
Current ratio | 1.1 | 1.1 | 1.2 | 1.1 | 1.1 |
Cash and cash equivalents | 120 362.00 | 110 785.00 | 92 044.00 | 38 965.00 | 32 877.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
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