KLINT-FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About KLINT-FONDEN
KLINT-FONDEN (CVR number: 11699898) is a company from ODENSE. The company recorded a gross profit of -120.3 kDKK in 2023. The operating profit was -191.1 kDKK, while net earnings were 500.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KLINT-FONDEN's liquidity measured by quick ratio was 10.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -65.78 | -63.20 | - 129.35 | - 209.19 | - 120.32 |
EBIT | -98.28 | -95.70 | - 199.98 | - 278.57 | - 191.09 |
Net earnings | 158.59 | 344.42 | 1 167.63 | - 214.02 | 500.63 |
Shareholders equity total | 3 518.68 | 3 623.90 | 4 573.52 | 4 003.62 | 4 289.26 |
Balance sheet total (assets) | 3 609.30 | 3 874.35 | 4 964.29 | 4 594.34 | 4 501.28 |
Net debt | -1 344.81 | -1 611.03 | -2 695.01 | -1 978.74 | -2 217.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.7 % | 9.2 % | 30.7 % | -4.0 % | 11.2 % |
ROE | 4.5 % | 9.6 % | 28.5 % | -5.0 % | 12.1 % |
ROI | 6.8 % | 9.7 % | 33.1 % | -4.3 % | 11.8 % |
Economic value added (EVA) | -75.11 | -79.23 | - 172.90 | - 244.74 | - 137.23 |
Solvency | |||||
Equity ratio | 97.5 % | 93.5 % | 92.1 % | 87.1 % | 95.3 % |
Gearing | 8.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 15.0 | 6.5 | 6.9 | 4.0 | 10.6 |
Current ratio | 15.0 | 6.5 | 6.9 | 4.0 | 10.6 |
Cash and cash equivalents | 1 344.81 | 1 611.03 | 2 695.01 | 2 323.77 | 2 217.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | A |
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