FONDEN ROSKILDE FESTIVAL — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN ROSKILDE FESTIVAL
FONDEN ROSKILDE FESTIVAL (CVR number: 26465745K) is a company from ROSKILDE. The company reported a net sales of 242.6 mDKK in 2024, demonstrating a growth of 26 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 13.7 mDKK), while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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 4.8 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 61.97 | 68.50 | 195.13 | 192.51 | 242.56 |
Gross profit | 43.02 | 51.54 | 84.07 | 83.43 | 91.93 |
EBIT | -15.99 | 0.09 | 23.01 | 9.74 | 13.70 |
Net earnings | -17.20 | -0.34 | 22.46 | 7.58 | 10.17 |
Shareholders equity total | 56.71 | 54.87 | 75.83 | 81.97 | 92.05 |
Balance sheet total (assets) | 91.66 | 91.30 | 116.13 | 104.35 | 115.76 |
Net debt | -53.51 | -48.97 | -68.97 | -52.69 | -46.08 |
Profitability | |||||
EBIT-% | -25.8 % | 0.1 % | 11.8 % | 5.1 % | 5.6 % |
ROA | -16.3 % | 0.3 % | 22.2 % | 8.9 % | 12.8 % |
ROE | -26.0 % | -0.6 % | 34.4 % | 9.6 % | 11.7 % |
ROI | -21.5 % | 0.4 % | 31.6 % | 11.3 % | 14.9 % |
Economic value added (EVA) | -20.43 | -3.20 | 19.78 | 3.86 | 5.97 |
Solvency | |||||
Equity ratio | 61.9 % | 60.1 % | 65.3 % | 78.6 % | 79.5 % |
Gearing | 14.5 % | 14.4 % | 9.8 % | 8.7 % | 7.4 % |
Relative net indebtedness % | -43.2 % | -29.8 % | -18.5 % | -19.5 % | -12.0 % |
Liquidity | |||||
Quick ratio | 3.6 | 2.6 | 2.8 | 5.1 | 4.8 |
Current ratio | 3.6 | 2.6 | 2.9 | 5.3 | 5.0 |
Cash and cash equivalents | 61.75 | 56.86 | 76.40 | 59.84 | 52.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 73.3 | 60.3 | 19.4 | 21.4 | 23.0 |
Net working capital % | 96.0 % | 69.0 % | 31.6 % | 34.4 % | 28.3 % |
Credit risk | |||||
Credit rating | BBB | A | AA | AA | AA |
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