NORDEN FONDEN — Credit Rating and Financial Key Figures

CVR number: 25130375
Algade 5, 4000 Roskilde

Credit rating

Company information

Official name
NORDEN FONDEN
Established
2000
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About NORDEN FONDEN

NORDEN FONDEN (CVR number: 25130375) is a company from ROSKILDE. The company recorded a gross profit of -14 kDKK in 2023. The operating profit was -14 kDKK, while net earnings were -85.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDEN FONDEN's liquidity measured by quick ratio was 6.6 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
20192020202120222023
Volume
Net sales
Gross profit-13.50-14.06-13.78-13.36-14.00
EBIT-13.50-14.06-13.78-13.36-14.00
Net earnings-69.98- 546.3697.22178.35-85.55
Shareholders equity total1 189.43643.08740.30918.65833.09
Balance sheet total (assets)1 236.28689.94800.95977.30905.75
Net debt-3.52-3.5210.2610.2623.39
Profitability
EBIT-%
ROA-5.5 %-56.7 %10.5 %19.7 %-9.1 %
ROE-5.7 %-59.6 %14.1 %21.5 %-9.8 %
ROI-5.7 %-58.9 %11.0 %20.5 %-9.4 %
Economic value added (EVA)8.485.72-23.02-19.31-12.88
Solvency
Equity ratio96.2 %93.2 %92.4 %94.0 %92.0 %
Gearing1.0 %1.9 %3.5 %2.8 %4.7 %
Relative net indebtedness %
Liquidity
Quick ratio8.310.28.28.26.6
Current ratio8.310.28.28.26.6
Cash and cash equivalents15.5215.5215.5215.5215.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-9.09%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-12-21T09:42:57.160Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.