Fonden Democracy x — Credit Rating and Financial Key Figures

CVR number: 34577358
Sorøgade 6, 2100 København Ø
tekno@tekno.dk
tel: 33320503
www.tekno.dk

Credit rating

Company information

Official name
Fonden Democracy x
Personnel
47 persons
Established
2012
Industry
  • Expand more icon94Activities of membership organisations

About Fonden Democracy x

Fonden Democracy x (CVR number: 34577358) is a company from KØBENHAVN. The company reported a net sales of 37 mDKK in 2024, demonstrating a decline of -13.3 % compared to the previous year. The operating profit percentage was poor at -5.4 % (EBIT: -2 mDKK), while net earnings were -1576.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -43.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Fonden Democracy x's liquidity measured by quick ratio was 3.9 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
2020
2021
2022
2023
2024
Volume
Net sales20.9026.0628.6142.6636.98
Gross profit17.5222.6323.7432.8426.72
EBIT1.471.47-0.300.30-2.00
Net earnings1.040.97-0.360.26-1.58
Shareholders equity total3.544.514.154.412.84
Balance sheet total (assets)28.0223.5622.1516.9313.88
Net debt-23.87-13.23-14.79-3.17-3.94
Profitability
EBIT-%7.0 %5.6 %-1.1 %0.7 %-5.4 %
ROA7.0 %5.7 %-1.3 %1.9 %-12.8 %
ROE34.3 %24.1 %-8.3 %6.1 %-43.5 %
ROI40.6 %30.4 %-5.5 %7.3 %-45.4 %
Economic value added (EVA)1.000.94-0.51-0.02-1.83
Solvency
Equity ratio48.8 %58.0 %61.1 %50.6 %44.4 %
Gearing0.5 %
Relative net indebtedness %-0.4 %18.7 %8.2 %19.7 %17.9 %
Liquidity
Quick ratio9.210.112.34.73.9
Current ratio1.21.31.31.41.2
Cash and cash equivalents23.8713.2314.793.193.94
Capital use efficiency
Trade debtors turnover (days)1.52.136.925.112.8
Net working capital %-13.8 %20.3 %17.0 %10.3 %4.3 %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:-12.8%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.4%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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