FONDEN KULISSELAGERET — Credit Rating and Financial Key Figures

CVR number: 24246027
Teatertorvet 1, 8700 Horsens

Credit rating

Company information

Official name
FONDEN KULISSELAGERET
Established
1999
Industry

About FONDEN KULISSELAGERET

FONDEN KULISSELAGERET (CVR number: 24246027) is a company from HORSENS. The company recorded a gross profit of 287.3 kDKK in 2021. The operating profit was -5.5 kDKK, while net earnings were -5.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.9 %, 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. FONDEN KULISSELAGERET's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit278.10244.15245.11193.34287.30
EBIT23.6253.52-17.594.09-5.54
Net earnings22.0952.37105.573.08-5.75
Shareholders equity total798.02812.28729.01730.74724.99
Balance sheet total (assets)941.101 237.341 191.201 034.841 690.97
Net debt- 463.20- 335.22- 153.28-88.53- 798.01
Profitability
EBIT-%
ROA2.5 %4.9 %-1.4 %0.4 %-0.4 %
ROE2.7 %6.5 %13.7 %0.4 %-0.8 %
ROI2.9 %6.6 %-2.2 %0.5 %-0.7 %
Economic value added (EVA)2.1638.88-33.50-23.80-35.68
Solvency
Equity ratio84.8 %65.6 %61.2 %70.6 %42.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.82.30.50.71.0
Current ratio4.92.30.60.81.0
Cash and cash equivalents463.20335.22153.2888.53798.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.41%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.9%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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