FONDEN DEN NORDATLANTISKE BRYGGE — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN DEN NORDATLANTISKE BRYGGE
FONDEN DEN NORDATLANTISKE BRYGGE (CVR number: 25643445) is a company from KØBENHAVN. The company reported a net sales of 17.2 mDKK in 2024, demonstrating a decline of -0.7 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 0.1 mDKK), while net earnings were 290.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN DEN NORDATLANTISKE BRYGGE's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 13 514.74 | 14 015.34 | 15 704.36 | 17 324.95 | 17 208.08 |
Gross profit | 6 256.57 | 6 420.88 | 6 010.60 | 8 343.22 | 7 592.75 |
EBIT | - 297.27 | - 835.79 | -1 466.82 | 592.77 | 105.09 |
Net earnings | - 236.30 | - 820.88 | -1 773.79 | 686.23 | 290.58 |
Shareholders equity total | 131 734.26 | 130 913.38 | 129 139.59 | 129 825.82 | 130 116.40 |
Balance sheet total (assets) | 138 174.42 | 138 368.97 | 142 476.86 | 145 191.38 | 151 253.52 |
Net debt | -7 488.52 | -8 401.16 | -10 522.38 | -10 029.17 | -16 316.14 |
Profitability | |||||
EBIT-% | -2.2 % | -6.0 % | -9.3 % | 3.4 % | 0.6 % |
ROA | -0.1 % | -0.6 % | -1.0 % | 0.6 % | 0.3 % |
ROE | -0.2 % | -0.6 % | -1.4 % | 0.5 % | 0.2 % |
ROI | -0.1 % | -0.6 % | -1.1 % | 0.7 % | 0.3 % |
Economic value added (EVA) | -7 094.15 | -7 482.15 | -7 903.89 | -6 169.15 | -6 579.47 |
Solvency | |||||
Equity ratio | 95.3 % | 94.6 % | 90.6 % | 89.4 % | 86.0 % |
Gearing | 2.0 % | 1.8 % | 1.6 % | 1.3 % | 1.1 % |
Relative net indebtedness % | -38.2 % | -32.5 % | -0.1 % | 15.0 % | 13.3 % |
Liquidity | |||||
Quick ratio | 4.6 | 3.1 | 1.2 | 1.1 | 1.0 |
Current ratio | 4.7 | 3.1 | 1.2 | 1.1 | 1.0 |
Cash and cash equivalents | 10 078.25 | 10 710.44 | 12 550.54 | 11 775.53 | 17 780.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 17.5 | 29.2 | 8.4 | 46.3 | 11.6 |
Net working capital % | 34.9 % | 15.1 % | -20.5 % | -25.2 % | -32.4 % |
Credit risk | |||||
Credit rating | AA | A | A | AA | AA |
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