ELSEBETH AARESTRUP FREDERIKSEN'S FOND — Credit Rating and Financial Key Figures

CVR number: 16911178
Bredgade 25 F, 1260 København K
amr@bjornsholm.com
tel: 33311002

Company information

Official name
ELSEBETH AARESTRUP FREDERIKSEN'S FOND
Personnel
4 persons
Established
1993
Industry

About ELSEBETH AARESTRUP FREDERIKSEN'S FOND

ELSEBETH AARESTRUP FREDERIKSEN'S FOND (CVR number: 16911178) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 669.3 kDKK, while net earnings were 741 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ELSEBETH AARESTRUP FREDERIKSEN'S FOND's liquidity measured by quick ratio was 3.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT- 107.38- 107.21- 104.14345.19669.30
Net earnings130.56147.08586.16290.61740.96
Shareholders equity total14 885.1014 933.1815 346.3415 502.9416 243.90
Balance sheet total (assets)17 828.9617 888.3918 979.7426 080.4026 477.51
Net debt-4 733.31- 983.34- 715.004 090.864 358.34
Profitability
EBIT-%
ROA1.0 %0.9 %6.8 %1.6 %2.6 %
ROE0.9 %1.0 %3.9 %1.9 %4.7 %
ROI1.0 %0.9 %6.9 %1.6 %2.7 %
Economic value added (EVA)563.22569.57402.37902.46- 237.59
Solvency
Equity ratio83.5 %83.5 %80.9 %59.4 %61.3 %
Gearing38.0 %35.0 %
Relative net indebtedness %
Liquidity
Quick ratio238.545.715.73.43.7
Current ratio238.545.715.73.43.7
Cash and cash equivalents4 733.31983.34715.001 799.911 326.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.64%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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