Fonden Kunsthal Spritten - Center for Contemporary Art — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fonden Kunsthal Spritten - Center for Contemporary Art
Fonden Kunsthal Spritten - Center for Contemporary Art (CVR number: 39732785) is a company from AALBORG. The company reported a net sales of 5.2 mDKK in 2023, demonstrating a growth of 34.7 % compared to the previous year. The operating profit percentage was at 51.7 % (EBIT: 2.7 mDKK), while net earnings were 2768 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56 %, which can be considered excellent and Return on Equity (ROE) was 60.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fonden Kunsthal Spritten - Center for Contemporary Art's liquidity measured by quick ratio was 33.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 000.00 | 3 000.00 | 3 030.00 | 3 891.00 | 5 243.00 |
Gross profit | 91.00 | 2 187.00 | 1 587.00 | 2 094.00 | 4 138.00 |
EBIT | -99.00 | 1 441.00 | 480.00 | 467.00 | 2 709.00 |
Net earnings | - 107.00 | 1 427.00 | 451.00 | 439.00 | 2 768.00 |
Shareholders equity total | 899.00 | 2 326.00 | 2 777.00 | 3 216.00 | 5 984.00 |
Balance sheet total (assets) | 1 437.00 | 3 200.00 | 4 253.00 | 3 720.00 | 6 167.00 |
Net debt | -1 437.00 | -3 140.00 | -4 113.00 | -3 700.00 | -6 123.00 |
Profitability | |||||
EBIT-% | -9.9 % | 48.0 % | 15.8 % | 12.0 % | 51.7 % |
ROA | -7.6 % | 62.2 % | 12.9 % | 11.7 % | 56.0 % |
ROE | -11.2 % | 88.5 % | 17.7 % | 14.7 % | 60.2 % |
ROI | -10.4 % | 89.4 % | 18.8 % | 15.6 % | 60.2 % |
Economic value added (EVA) | - 149.55 | 1 468.03 | 520.90 | 534.13 | 2 733.32 |
Solvency | |||||
Equity ratio | 62.6 % | 72.7 % | 65.3 % | 86.5 % | 97.0 % |
Gearing | |||||
Relative net indebtedness % | -89.9 % | -75.5 % | -87.0 % | -82.1 % | -113.3 % |
Liquidity | |||||
Quick ratio | 2.7 | 3.7 | 2.9 | 7.4 | 33.5 |
Current ratio | 2.7 | 3.7 | 2.9 | 7.4 | 33.5 |
Cash and cash equivalents | 1 437.00 | 3 140.00 | 4 113.00 | 3 700.00 | 6 123.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 89.9 % | 77.5 % | 91.3 % | 82.4 % | 113.3 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.