CAND.PHARM. POVL M. ASSENS FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About CAND.PHARM. POVL M. ASSENS FOND
CAND.PHARM. POVL M. ASSENS FOND (CVR number: 14536604K) is a company from ALBERTSLUND. The company reported a net sales of 43.9 mDKK in 2024, demonstrating a growth of 1.6 % compared to the previous year. The operating profit percentage was at 16 % (EBIT: 7 mDKK), while net earnings were 13.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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. CAND.PHARM. POVL M. ASSENS FOND's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 273.01 | 2 595.57 | 293.43 | 43.25 | 43.95 |
Gross profit | 273.01 | 27.75 | 38.36 | 43.25 | 43.95 |
EBIT | 1.71 | -1.25 | 4.64 | 6.13 | 7.03 |
Net earnings | 0.14 | 7.23 | -2.66 | 8.41 | 13.48 |
Shareholders equity total | 113.06 | 109.33 | 117.80 | 131.88 | |
Balance sheet total (assets) | 174.46 | 184.80 | 196.93 | 187.95 | |
Net debt | 4.78 | -21.31 | -45.75 | -38.72 | |
Profitability | |||||
EBIT-% | 0.6 % | -0.0 % | 1.6 % | 14.2 % | 16.0 % |
ROA | 5.0 % | 4.0 % | 6.9 % | 9.2 % | |
ROE | 6.8 % | -2.6 % | 8.1 % | 12.0 % | |
ROI | 7.3 % | 6.2 % | 11.6 % | 14.2 % | |
Economic value added (EVA) | 1.71 | -1.24 | -2.34 | -0.71 | -0.47 |
Solvency | |||||
Equity ratio | 66.9 % | 59.2 % | 59.8 % | 70.2 % | |
Gearing | 4.7 % | ||||
Relative net indebtedness % | 2.3 % | 18.5 % | 77.2 % | 39.5 % | |
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 1.4 | 1.7 | |
Current ratio | 1.5 | 1.5 | 1.6 | 1.9 | |
Cash and cash equivalents | 0.56 | 21.31 | 45.75 | 38.72 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.7 | 76.0 | 435.3 | 365.6 | |
Net working capital % | 1.1 % | 12.4 % | 103.6 % | 119.7 % | |
Credit risk | |||||
Credit rating | B | A | A | AA | AAA |
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