FONDEN ROSKILDE FESTIVAL

CVR number: 26465745
Rabalderstræde 7, 4000 Roskilde

Credit rating

Company information

Official name
FONDEN ROSKILDE FESTIVAL
Personnel
10 persons
Established
2001
Industry
  • Expand more icon88Social work activities without accommodation

About FONDEN ROSKILDE FESTIVAL

FONDEN ROSKILDE FESTIVAL (CVR number: 26465745K) is a company from ROSKILDE. The company reported a net sales of 192.5 mDKK in 2023, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 9.7 mDKK), while net earnings were 7577.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FONDEN ROSKILDE FESTIVAL's liquidity measured by quick ratio was 5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales179.0561.9768.50195.13192.51
Gross profit70.8343.0251.5484.0787.94
EBIT11.54-15.990.0923.019.74
Net earnings7.93-17.20-0.3422.467.58
Shareholders equity total75.3556.7154.8775.8381.97
Balance sheet total (assets)104.7291.6691.30116.13104.35
Net debt-66.04-53.51-48.97-68.97-52.69
Profitability
EBIT-%6.4 %-25.8 %0.1 %11.8 %5.1 %
ROA11.5 %-16.3 %0.3 %22.2 %8.9 %
ROE11.0 %-26.0 %-0.6 %34.4 %9.6 %
ROI14.4 %-21.5 %0.4 %31.6 %11.3 %
Economic value added (EVA)8.42-16.63-0.0122.747.79
Solvency
Equity ratio72.0 %61.9 %60.1 %65.3 %78.6 %
Gearing10.9 %14.5 %14.4 %9.8 %8.7 %
Relative net indebtedness %-25.1 %-43.2 %-29.8 %-18.5 %-19.5 %
Liquidity
Quick ratio4.53.62.62.85.0
Current ratio4.63.62.62.95.2
Cash and cash equivalents74.2761.7556.8676.4059.84
Capital use efficiency
Trade debtors turnover (days)29.873.360.319.421.4
Net working capital %41.0 %96.0 %69.0 %31.6 %33.8 %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:8.85%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

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