Sparekassen Danmark Fonden Himmerland — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sparekassen Danmark Fonden Himmerland
Sparekassen Danmark Fonden Himmerland (CVR number: 29935637) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -1988.9 kDKK in 2023. The operating profit was -3088.9 kDKK, while net earnings were 49.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Sparekassen Danmark Fonden Himmerland's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 531.57 | - 547.75 | - 582.46 | -2 028.97 | -1 988.87 |
EBIT | - 741.57 | - 757.75 | - 784.96 | -2 628.97 | -3 088.87 |
Net earnings | 71 412.38 | 17 502.68 | 637 665.40 | 19 666.60 | 49 713.68 |
Shareholders equity total | 783 774.70 | 796 999.19 | 1 430 087.42 | 1 438 867.22 | 1 469 855.51 |
Balance sheet total (assets) | 805 446.47 | 818 368.73 | 1 451 062.79 | 1 455 415.46 | 1 482 607.51 |
Net debt | -10 074.23 | -8 412.82 | -16 481.40 | -24 770.15 | -3 448.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.1 % | 2.2 % | 56.2 % | 1.4 % | 3.4 % |
ROE | 9.5 % | 2.2 % | 57.3 % | 1.4 % | 3.4 % |
ROI | 9.3 % | 2.2 % | 57.3 % | 1.4 % | 3.4 % |
Economic value added (EVA) | 5 875.13 | 8 586.41 | 9 039.93 | -54 673.74 | -53 094.78 |
Solvency | |||||
Equity ratio | 97.3 % | 97.4 % | 98.6 % | 98.9 % | 99.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.8 | 1.5 | 1.7 |
Current ratio | 0.5 | 0.4 | 0.8 | 1.5 | 1.7 |
Cash and cash equivalents | 10 074.23 | 8 412.82 | 16 481.40 | 24 770.15 | 3 448.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | AA |
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