Fonden for Kiropraktorernes Videnscenter

CVR number: 18315084
Campusvej 55, 5230 Odense M
kiroviden@kiroviden.sdu.dk
tel: 65917378

Credit rating

Company information

Official name
Fonden for Kiropraktorernes Videnscenter
Personnel
30 persons
Established
1999
Industry
  • Expand more icon72Scientific research and development

About Fonden for Kiropraktorernes Videnscenter

Fonden for Kiropraktorernes Videnscenter (CVR number: 18315084K) is a company from ODENSE. The company recorded a gross profit of 7644.9 kDKK in 2018. The operating profit was 33.9 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Fonden for Kiropraktorernes Videnscenter'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales
Gross profit6 640.377 011.537 644.93
EBIT16.9215.0933.88
Net earnings
Shareholders equity total300.82300.82300.82
Balance sheet total (assets)9 849.478 976.019 810.79
Net debt-8 780.17-5 541.69-6 401.10
Profitability
EBIT-%
ROA0.2 %0.2 %0.4 %
ROE
ROI5.6 %5.0 %11.3 %
Economic value added (EVA)16.92441.18297.24
Solvency
Equity ratio3.1 %3.5 %3.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.1
Current ratio1.01.01.0
Cash and cash equivalents8 780.175 541.696 401.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:0.36%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.30%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

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