FONDEN FILMMAGASINET EKKO — Credit Rating and Financial Key Figures

CVR number: 34688443
Wildersgade 32, 1408 København K

Credit rating

Company information

Official name
FONDEN FILMMAGASINET EKKO
Personnel
3 persons
Established
2012
Industry
  • Expand more icon58Publishing activities

About FONDEN FILMMAGASINET EKKO

FONDEN FILMMAGASINET EKKO (CVR number: 34688443) is a company from KØBENHAVN. The company recorded a gross profit of 1512.1 kDKK in 2023. The operating profit was 119.7 kDKK, while net earnings were 70.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.8 %, 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. FONDEN FILMMAGASINET EKKO's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 349.84899.101 334.501 331.021 512.07
EBIT123.58- 352.14171.0572.04119.73
Net earnings97.57- 368.90141.3125.4470.12
Shareholders equity total724.81355.91497.22522.66592.79
Balance sheet total (assets)958.51973.84991.431 159.041 611.15
Net debt- 548.2535.18-56.8267.37-3.06
Profitability
EBIT-%
ROA9.6 %-36.4 %17.4 %6.7 %8.6 %
ROE15.0 %-68.3 %33.1 %5.0 %12.6 %
ROI19.0 %-60.5 %36.6 %10.9 %14.8 %
Economic value added (EVA)132.47- 361.11155.5549.9195.20
Solvency
Equity ratio89.5 %44.0 %54.1 %48.0 %36.8 %
Gearing23.2 %57.8 %34.1 %
Relative net indebtedness %
Liquidity
Quick ratio9.01.31.62.21.4
Current ratio3.31.01.42.01.5
Cash and cash equivalents548.2547.4856.82234.52204.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.64%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.8%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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