FONDEN TIETGENKOLLEGIET — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN TIETGENKOLLEGIET
FONDEN TIETGENKOLLEGIET (CVR number: 26420415) is a company from KØBENHAVN. The company reported a net sales of 18.7 mDKK in 2024, demonstrating a decline of -2.1 % compared to the previous year. The operating profit percentage was poor at -124.2 % (EBIT: -23.2 mDKK), while net earnings were -15.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN TIETGENKOLLEGIET's liquidity measured by quick ratio was 11.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 17 040.00 | 16 628.00 | 17 413.00 | 19 078.00 | 18 681.00 |
Gross profit | 17 040.00 | 16 628.00 | 17 413.00 | 4 308.00 | -12 603.00 |
EBIT | -2 026.00 | -5 507.00 | -9 041.00 | -6 668.00 | -23 200.00 |
Net earnings | 2 306.00 | 3 379.00 | -15 956.00 | -3 039.00 | -15 116.00 |
Shareholders equity total | 781 864.00 | 785 243.00 | 769 287.00 | 766 248.00 | 762 182.00 |
Balance sheet total (assets) | 788 266.00 | 792 846.00 | 776 092.00 | 780 401.00 | 768 502.00 |
Net debt | -71 028.00 | -70 128.00 | |||
Profitability | |||||
EBIT-% | -11.9 % | -33.1 % | -51.9 % | -35.0 % | -124.2 % |
ROA | -0.3 % | -0.7 % | -1.2 % | 0.3 % | -1.8 % |
ROE | 0.3 % | 0.4 % | -2.1 % | -0.4 % | -2.0 % |
ROI | -0.3 % | -0.7 % | -1.2 % | 0.3 % | -1.9 % |
Economic value added (EVA) | -41 198.79 | -44 795.67 | -48 499.46 | -43 390.95 | -58 103.24 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 98.2 % | 99.2 % |
Gearing | |||||
Relative net indebtedness % | -298.1 % | -341.6 % | |||
Liquidity | |||||
Quick ratio | 5.7 | 11.6 | |||
Current ratio | 5.7 | 11.6 | |||
Cash and cash equivalents | 71 028.00 | 70 128.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -23.7 % | -8.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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