FESTIVAL FONDEN AF 2006 — Credit Rating and Financial Key Figures

CVR number: 29413770
Møllegade 10, 7300 Jelling
tel: 75872888

Credit rating

Company information

Official name
FESTIVAL FONDEN AF 2006
Personnel
14 persons
Established
2006
Industry
  • Expand more icon88Social work activities without accommodation

About FESTIVAL FONDEN AF 2006

FESTIVAL FONDEN AF 2006 (CVR number: 29413770) is a company from VEJLE. The company recorded a gross profit of 4871.2 kDKK in 2024. The operating profit was 2447.5 kDKK, while net earnings were 1870.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FESTIVAL FONDEN AF 2006's liquidity measured by quick ratio was 5.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 202.901 471.493 907.034 220.074 871.15
EBIT- 531.28154.162 178.202 453.432 447.54
Net earnings-1 247.99-44.371 617.201 986.681 870.30
Shareholders equity total7 335.347 290.978 908.1810 744.8612 615.16
Balance sheet total (assets)11 666.1511 062.3013 019.0515 158.8917 321.51
Net debt-2 437.83-5 034.56-6 757.83-9 308.48-8 616.53
Profitability
EBIT-%
ROA-4.3 %1.5 %18.1 %18.3 %15.4 %
ROE-15.7 %-0.6 %20.0 %20.2 %16.0 %
ROI-5.4 %1.9 %21.9 %21.8 %17.9 %
Economic value added (EVA)- 490.54150.671 843.202 107.982 078.94
Solvency
Equity ratio63.3 %66.4 %68.4 %70.9 %72.8 %
Gearing14.6 %13.7 %10.3 %7.8 %6.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.13.84.34.85.6
Current ratio3.03.64.34.95.7
Cash and cash equivalents3 510.756 032.837 679.1310 150.389 376.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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