FUGLEVÆRNSFONDEN — Credit Rating and Financial Key Figures

CVR number: 10384389
Vesterbrogade 138-140, 1620 København V
fvf@dof.dk
tel: 33312435

Credit rating

Company information

Official name
FUGLEVÆRNSFONDEN
Personnel
11 persons
Established
1966
Industry
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About FUGLEVÆRNSFONDEN

FUGLEVÆRNSFONDEN (CVR number: 10384389) is a company from KØBENHAVN. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a decline of -28.8 % compared to the previous year. The operating profit percentage was poor at -50.4 % (EBIT: -0.8 mDKK), while net earnings were 426.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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. FUGLEVÆRNSFONDEN's liquidity measured by quick ratio was 3.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales8 367.038 156.898 142.242 097.051 492.21
Gross profit-5 451.261 373.34537.223 627.574 299.44
EBIT-6 846.3390.44- 948.72- 916.48- 751.94
Net earnings-6 270.831 052.49- 359.50-3 022.41426.81
Shareholders equity total12 237.3413 289.8612 930.369 907.9510 334.76
Balance sheet total (assets)18 209.2319 163.6318 601.3622 200.3320 719.81
Net debt-7 038.38-3 107.61-1 219.04-7 107.80-1 569.62
Profitability
EBIT-%-81.8 %1.1 %-11.7 %-43.7 %-50.4 %
ROA-30.0 %5.6 %-1.9 %-4.5 %2.0 %
ROE-40.8 %8.2 %-2.7 %-26.5 %4.2 %
ROI-31.6 %6.0 %-2.0 %-4.7 %2.1 %
Economic value added (EVA)-7 977.79- 763.85-1 842.17-1 786.74-1 844.26
Solvency
Equity ratio67.2 %69.3 %69.5 %44.6 %49.9 %
Gearing0.0 %0.0 %0.1 %0.2 %0.7 %
Relative net indebtedness %-69.7 %-21.1 %0.8 %-316.9 %-44.4 %
Liquidity
Quick ratio8.54.72.718.93.6
Current ratio8.54.72.718.93.6
Cash and cash equivalents7 041.003 114.071 228.317 127.991 640.49
Capital use efficiency
Trade debtors turnover (days)92.998.098.619.1
Net working capital %96.7 %51.1 %26.2 %412.0 %170.2 %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:2.02%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Chairman of the board
Chief executive officer

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