FONDEN AF 22. APRIL 1998 — Credit Rating and Financial Key Figures

CVR number: 21752096
Hendrik Pontoppidans Gade 22, 8000 Aarhus C

Company information

Official name
FONDEN AF 22. APRIL 1998
Established
1999
Industry

About FONDEN AF 22. APRIL 1998

FONDEN AF 22. APRIL 1998 (CVR number: 21752096) is a company from AARHUS. The company recorded a gross profit of -7.8 kDKK in 2024. The operating profit was -7.8 kDKK, while net earnings were -1853.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.2 %, which can be considered poor and Return on Equity (ROE) was -33.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN AF 22. APRIL 1998's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.21-7.76-8.09-8.42-7.75
EBIT-7.21-7.76-8.09-8.42-7.75
Net earnings216.22937.88138.90- 476.90-1 853.49
Shareholders equity total5 897.416 835.306 974.196 497.304 643.81
Balance sheet total (assets)6 169.176 841.556 980.446 503.554 650.06
Net debt265.51
Profitability
EBIT-%
ROA3.7 %14.5 %2.0 %-7.1 %-33.2 %
ROE3.7 %14.7 %2.0 %-7.1 %-33.3 %
ROI3.7 %14.5 %2.0 %-7.1 %-33.3 %
Economic value added (EVA)- 305.17- 317.45- 351.56- 358.87- 334.24
Solvency
Equity ratio95.6 %99.9 %99.9 %99.9 %99.9 %
Gearing4.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.72.51.20.0
Current ratio3.72.51.20.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:-33.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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