DEN ERHVERVSDRIVENDE FOND BLINDES ARBEJDE — Credit Rating and Financial Key Figures

CVR number: 78069112
Tomsgårdsvej 19, 2400 København NV
ba@blindes-arbejde.dk
tel: 38343388
www.blindesarbejde.dk

Credit rating

Company information

Official name
DEN ERHVERVSDRIVENDE FOND BLINDES ARBEJDE
Personnel
58 persons
Established
1984
Industry
  • Expand more icon32Other manufacturing

About DEN ERHVERVSDRIVENDE FOND BLINDES ARBEJDE

DEN ERHVERVSDRIVENDE FOND BLINDES ARBEJDE (CVR number: 78069112) is a company from KØBENHAVN. The company reported a net sales of 11.1 mDKK in 2023, demonstrating a decline of -1.6 % compared to the previous year. The operating profit percentage was poor at -1.5 % (EBIT: -0.2 mDKK), while net earnings were -120.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DEN ERHVERVSDRIVENDE FOND BLINDES ARBEJDE's liquidity measured by quick ratio was 2.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales9 918.1310 844.3811 148.6911 266.8011 086.46
Gross profit4 662.415 719.425 425.895 559.064 937.70
EBIT- 919.381 244.18786.17831.62- 167.09
Net earnings-1 016.651 171.48706.70619.53- 120.76
Shareholders equity total- 993.13178.35885.051 504.581 383.83
Balance sheet total (assets)2 862.513 988.744 231.714 467.953 653.01
Net debt-91.00-1 383.07- 980.64-2 002.17-1 301.84
Profitability
EBIT-%-9.3 %11.5 %7.1 %7.4 %-1.5 %
ROA-22.5 %31.7 %20.0 %19.5 %-3.5 %
ROE-70.5 %77.0 %132.9 %51.9 %-8.4 %
ROI-41.8 %53.1 %31.8 %35.8 %-8.4 %
Economic value added (EVA)- 877.181 302.10811.77667.69-90.26
Solvency
Equity ratio-25.8 %4.5 %20.9 %33.7 %37.9 %
Gearing-6.9 %158.8 %32.0 %18.8 %0.0 %
Relative net indebtedness %37.3 %19.8 %18.7 %4.9 %7.9 %
Liquidity
Quick ratio1.01.41.72.22.2
Current ratio1.61.92.43.13.3
Cash and cash equivalents159.461 666.271 263.852 285.371 302.09
Capital use efficiency
Trade debtors turnover (days)18.56.510.36.66.9
Net working capital %9.3 %16.4 %21.3 %26.1 %20.8 %
Credit risk
Credit ratingBBBBBBBBABBB

Variable visualization

ROA:-3.49%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chief executive officer
Board member
Chairman of the board

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