FONDEN KOLDING HOTEL APARTMENTS

CVR number: 16351938
Kedelsmedgangen 2, 6000 Kolding
tel: 75541802

Credit rating

Company information

Official name
FONDEN KOLDING HOTEL APARTMENTS
Personnel
23 persons
Established
1999
Industry
  • Expand more icon68Real estate activities

About the company

FONDEN KOLDING HOTEL APARTMENTS (CVR number: 16351938) is a company from KOLDING. The company recorded a gross profit of 10.8 mDKK in 2023. The operating profit was 2979.4 kDKK, while net earnings were 2290.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 54.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FONDEN KOLDING HOTEL APARTMENTS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit8 317.207 358.628 989.6910 140.0010 756.76
EBIT1 628.88813.081 963.342 839.072 979.40
Net earnings1 506.57346.471 157.941 366.262 290.87
Shareholders equity total43 253.4643 599.9344 757.8746 124.1348 415.00
Balance sheet total (assets)86 410.7087 382.7788 229.5286 905.4988 462.44
Net debt35 340.9232 579.4533 029.5231 470.4733 318.13
Profitability
EBIT-%
ROA3.1 %1.3 %2.6 %3.5 %3.9 %
ROE3.5 %0.8 %2.6 %3.0 %4.8 %
ROI3.2 %1.4 %2.7 %3.6 %4.0 %
Economic value added (EVA)-2 638.22-3 188.38-2 155.10-1 535.22-1 427.69
Solvency
Equity ratio50.1 %49.9 %50.7 %53.1 %54.7 %
Gearing88.3 %84.6 %79.6 %74.6 %69.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.20.71.00.2
Current ratio1.51.30.71.00.3
Cash and cash equivalents2 843.384 307.122 604.072 934.13167.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:3.95%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.7%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-04T14:01:12.237Z

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