FONDEN BYG ERFA — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN BYG ERFA
FONDEN BYG ERFA (CVR number: 27055761) is a company from KØBENHAVN. The company reported a net sales of 6.8 mDKK in 2023, demonstrating a decline of -2.7 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 0.3 mDKK), while net earnings were 207.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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 BYG ERFA's liquidity measured by quick ratio was 2.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 991.59 | 6 647.25 | 6 821.06 | 7 034.87 | 6 847.80 |
Gross profit | 3 570.42 | 4 470.98 | 4 254.29 | 4 692.31 | 4 322.02 |
EBIT | 224.24 | 992.35 | 783.82 | 447.28 | 275.68 |
Net earnings | 153.80 | 735.08 | 543.67 | 293.49 | 207.39 |
Shareholders equity total | 2 037.51 | 2 772.59 | 3 316.26 | 3 609.75 | 3 817.14 |
Balance sheet total (assets) | 3 542.76 | 5 016.91 | 5 106.39 | 5 368.91 | 5 762.22 |
Net debt | -3 111.29 | -4 704.22 | -4 859.28 | -5 074.11 | -5 541.76 |
Profitability | |||||
EBIT-% | 3.7 % | 14.9 % | 11.5 % | 6.4 % | 4.0 % |
ROA | 6.5 % | 23.2 % | 15.5 % | 8.5 % | 5.1 % |
ROE | 7.8 % | 30.6 % | 17.9 % | 8.5 % | 5.6 % |
ROI | 11.1 % | 37.8 % | 24.4 % | 12.9 % | 7.7 % |
Economic value added (EVA) | 225.50 | 822.40 | 704.31 | 421.80 | 283.42 |
Solvency | |||||
Equity ratio | 57.5 % | 55.3 % | 64.9 % | 67.2 % | 66.2 % |
Gearing | |||||
Relative net indebtedness % | -26.8 % | -37.0 % | -45.0 % | -47.1 % | -52.5 % |
Liquidity | |||||
Quick ratio | 2.5 | 2.6 | 2.8 | 3.0 | 2.9 |
Current ratio | 2.5 | 2.6 | 2.8 | 3.0 | 2.9 |
Cash and cash equivalents | 3 111.29 | 4 704.22 | 4 859.28 | 5 074.11 | 5 541.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 18.0 | 12.6 | 4.5 | 4.7 | 6.3 |
Net working capital % | 34.7 % | 45.6 % | 47.5 % | 50.1 % | 54.5 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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