Sparekassen Danmark Fonden Himmerland — Credit Rating and Financial Key Figures

CVR number: 29935637
Markedsvej 5, 9600 Aars
tel: 96622903

Credit rating

Company information

Official name
Sparekassen Danmark Fonden Himmerland
Personnel
5 persons
Established
2006
Industry
  • Expand more icon88Social work activities without accommodation

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings71 412.3817 502.68637 665.4019 666.6049 713.68
Shareholders equity total783 774.70796 999.191 430 087.421 438 867.221 469 855.51
Balance sheet total (assets)805 446.47818 368.731 451 062.791 455 415.461 482 607.51
Net debt-10 074.23-8 412.82-16 481.40-24 770.15-3 448.43
Profitability
EBIT-%
ROA9.1 %2.2 %56.2 %1.4 %3.4 %
ROE9.5 %2.2 %57.3 %1.4 %3.4 %
ROI9.3 %2.2 %57.3 %1.4 %3.4 %
Economic value added (EVA)5 875.138 586.419 039.93-54 673.74-53 094.78
Solvency
Equity ratio97.3 %97.4 %98.6 %98.9 %99.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.81.51.7
Current ratio0.50.40.81.51.7
Cash and cash equivalents10 074.238 412.8216 481.4024 770.153 448.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:3.38%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member
Board member

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