FONDEN RØDEGÅRD — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN RØDEGÅRD
FONDEN RØDEGÅRD (CVR number: 15298073) is a company from KØBENHAVN. The company reported a net sales of 6.3 mDKK in 2023, demonstrating a growth of 6.6 % compared to the previous year. The operating profit percentage was at 21 % (EBIT: 1.3 mDKK), while net earnings were 73.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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 RØDEGÅRD's liquidity measured by quick ratio was 2.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 504.83 | 5 558.78 | 5 721.00 | 5 949.75 | 6 343.11 |
Gross profit | 2 163.31 | 2 087.56 | -16 399.89 | 952.52 | 2 857.71 |
EBIT | 829.33 | 808.58 | -17 746.71 | - 526.83 | 1 333.57 |
Net earnings | 107.44 | - 205.76 | -14 665.21 | -1 185.68 | 73.23 |
Shareholders equity total | 68 983.58 | 69 649.92 | 68 443.50 | 73 267.55 | 51 367.45 |
Balance sheet total (assets) | 161 570.67 | 161 824.39 | 156 817.80 | 159 104.33 | 129 318.11 |
Net debt | 7 924.57 | 13 577.11 | 34 911.22 | 44 135.12 | 43 383.79 |
Profitability | |||||
EBIT-% | 15.1 % | 14.5 % | -310.2 % | -8.9 % | 21.0 % |
ROA | 0.6 % | 0.6 % | -11.1 % | -0.3 % | 1.1 % |
ROE | 0.1 % | -0.3 % | -21.2 % | -1.7 % | 0.1 % |
ROI | 0.6 % | 0.6 % | -11.7 % | -0.3 % | 1.2 % |
Economic value added (EVA) | -4 749.27 | -7 022.54 | -21 445.52 | -7 842.94 | -6 611.95 |
Solvency | |||||
Equity ratio | 42.8 % | 43.1 % | 43.7 % | 46.2 % | 39.8 % |
Gearing | 96.3 % | 92.7 % | 91.6 % | 83.0 % | 114.7 % |
Relative net indebtedness % | 312.3 % | 433.4 % | 766.2 % | 857.7 % | 795.2 % |
Liquidity | |||||
Quick ratio | 7.1 | 5.4 | 3.9 | 3.0 | 2.9 |
Current ratio | 6.9 | 5.2 | 3.7 | 2.8 | 2.8 |
Cash and cash equivalents | 58 476.46 | 50 975.66 | 27 775.70 | 16 680.67 | 15 557.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.2 | 1.5 | 0.0 | 0.2 | 0.4 |
Net working capital % | 814.8 % | 742.0 % | 389.7 % | 179.8 % | 157.7 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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