FONDET FOR FORSØG MED SUKKERROEDYRKNING — Credit Rating and Financial Key Figures

CVR number: 57508019
Højbygårdvej 14, 4960 Holeby
tel: 54691458

Credit rating

Company information

Official name
FONDET FOR FORSØG MED SUKKERROEDYRKNING
Personnel
8 persons
Established
1999
Industry

About FONDET FOR FORSØG MED SUKKERROEDYRKNING

FONDET FOR FORSØG MED SUKKERROEDYRKNING (CVR number: 57508019) is a company from LOLLAND. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -99.8 % compared to the previous year. The operating profit percentage was poor at -2569.8 % (EBIT: -0.3 mDKK), while net earnings were 2204.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDET FOR FORSØG MED SUKKERROEDYRKNING's liquidity measured by quick ratio was 12.5 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
2019
2020
2021
2022
2023
Volume
Net sales10 877.2910 660.928 195.298 420.9613.00
Gross profit4 515.814 665.132 656.87179.00-30.08
EBIT2 223.584 283.951 348.80- 799.03- 333.98
Net earnings7 838.365 483.163 984.89-4 852.822 204.06
Shareholders equity total34 467.3634 592.5334 279.4224 516.7625 220.82
Balance sheet total (assets)37 899.7238 207.1739 144.5128 290.0127 414.37
Net debt-35 708.72-32 014.26-35 117.49-26 073.14-27 344.73
Profitability
EBIT-%20.4 %40.2 %16.5 %-9.5 %-2569.8 %
ROA16.0 %16.7 %10.3 %4.6 %7.9 %
ROE23.6 %15.9 %11.6 %-16.5 %8.9 %
ROI17.3 %18.1 %11.4 %5.2 %8.9 %
Economic value added (EVA)2 603.534 709.771 536.17- 400.53-54.77
Solvency
Equity ratio91.6 %90.8 %87.6 %86.7 %92.0 %
Gearing0.7 %0.9 %0.3 %0.0 %
Relative net indebtedness %-298.9 %-269.3 %-370.3 %-264.8 %-193530.2 %
Liquidity
Quick ratio12.211.27.87.212.5
Current ratio11.210.87.87.212.5
Cash and cash equivalents35 941.3132 321.3435 209.7626 073.1527 344.73
Capital use efficiency
Trade debtors turnover (days)15.120.64.67.0
Net working capital %-18.0 %-0.8 %-40.2 %-27.4 %-11958.0 %
Credit risk
Credit ratingAAAAAABBBBBB

Variable visualization

ROA:7.95%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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