FROBENIUSFONDEN — Credit Rating and Financial Key Figures

CVR number: 26878659
Hammerbakken 20, 3460 Birkerød
kontakt@frobeniusfonden.dk
tel: 33116364
www.frobeniusfonden.dk

Company information

Official name
FROBENIUSFONDEN
Established
2002
Industry

About FROBENIUSFONDEN

FROBENIUSFONDEN (CVR number: 26878659) is a company from RUDERSDAL. The company recorded a gross profit of -328.3 kDKK in 2023. The operating profit was -328.3 kDKK, while net earnings were 1805 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FROBENIUSFONDEN's liquidity measured by quick ratio was 5.7 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
2019
2020
2021
2022
2023
Volume
Net sales198.06
Gross profit-14.45- 263.41- 172.85-81.15- 328.32
EBIT-14.45- 263.41- 172.85-81.15- 328.32
Net earnings1 386.192 594.43-1 346.862 025.901 805.02
Shareholders equity total28 141.0528 496.4826 213.6227 127.1127 142.79
Balance sheet total (assets)28 283.5529 896.4827 541.1228 259.6129 252.30
Net debt-7 786.64-8 716.15-7 573.62-8 529.86-11 753.70
Profitability
EBIT-%-7.3 %
ROA5.0 %8.9 %-0.9 %7.3 %6.3 %
ROE5.0 %9.2 %-4.9 %7.6 %6.7 %
ROI5.0 %9.2 %-0.9 %7.6 %6.7 %
Economic value added (EVA)606.46349.15521.01492.35221.71
Solvency
Equity ratio99.5 %95.3 %95.2 %96.0 %92.8 %
Gearing0.1 %
Relative net indebtedness %-3859.5 %
Liquidity
Quick ratio55.36.35.77.85.7
Current ratio55.36.35.77.85.7
Cash and cash equivalents7 786.648 716.157 573.628 529.8611 794.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %241.9 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:6.33%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.8%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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