K G FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About K G FONDEN
K G FONDEN (CVR number: 10262380) is a company from BILLUND. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -4106 kDKK, while net earnings were 127.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K G FONDEN's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -2 164.00 | -2 224.00 | -3 297.00 | -3 234.00 | -4 106.00 |
Net earnings | 90 422.00 | 70 508.00 | 139 556.00 | -83 305.00 | 127 748.00 |
Shareholders equity total | 563 196.00 | 616 829.00 | 717 850.00 | 614 186.00 | 688 444.00 |
Balance sheet total (assets) | 564 159.00 | 629 255.00 | 768 371.00 | 629 962.00 | 701 509.00 |
Net debt | -3 222.00 | 4 558.00 | 40 625.00 | -5 859.00 | -8 965.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.4 % | 12.1 % | 20.2 % | -10.1 % | 20.1 % |
ROE | 17.3 % | 12.0 % | 20.9 % | -12.5 % | 19.6 % |
ROI | 17.5 % | 12.1 % | 20.5 % | -10.3 % | 20.6 % |
Economic value added (EVA) | 10 123.90 | 4 545.92 | 6 938.26 | 14 600.58 | 2 198.01 |
Solvency | |||||
Equity ratio | 99.8 % | 98.0 % | 93.4 % | 97.5 % | 98.1 % |
Gearing | 0.9 % | 5.7 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.7 | 0.5 | 0.1 | 0.8 | 1.3 |
Current ratio | 8.7 | 0.5 | 0.1 | 0.8 | 1.3 |
Cash and cash equivalents | 3 222.00 | 703.00 | 129.00 | 5 903.00 | 8 965.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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