REFUGEES UNITED FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About REFUGEES UNITED FONDEN
REFUGEES UNITED FONDEN (CVR number: 31856493) is a company from KØBENHAVN. The company reported a net sales of 0.1 mEUR in 2023, demonstrating a decline of -17.9 % compared to the previous year. The operating profit percentage was poor at -42.2 % (EBIT: -0.1 mEUR), while net earnings were -61 kEUR. The profitability of the company measured by Return on Assets (ROA) was -81.8 %, which can be considered poor and Return on Equity (ROE) was -128.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. REFUGEES UNITED FONDEN's liquidity measured by quick ratio was 2.4 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 310.00 | 474.00 | 493.00 | 156.00 | 128.00 |
Gross profit | - 161.00 | 188.00 | 317.00 | -31.00 | -54.00 |
EBIT | - 494.00 | 9.00 | 174.00 | -47.00 | -54.00 |
Net earnings | - 507.00 | -4.00 | 162.00 | -47.00 | -61.00 |
Shareholders equity total | -32.00 | -36.00 | 125.00 | 78.00 | 17.00 |
Balance sheet total (assets) | 292.00 | 14.00 | 146.00 | 103.00 | 29.00 |
Net debt | - 167.00 | -14.00 | - 146.00 | - 101.00 | -28.00 |
Profitability | |||||
EBIT-% | -159.4 % | 1.9 % | 35.3 % | -30.1 % | -42.2 % |
ROA | -113.8 % | 4.8 % | 179.6 % | -34.5 % | -81.8 % |
ROE | -132.4 % | -2.6 % | 233.1 % | -46.3 % | -128.4 % |
ROI | -205.9 % | 600.0 % | 281.6 % | -42.4 % | -113.7 % |
Economic value added (EVA) | - 492.64 | 19.00 | 176.51 | -45.94 | -52.84 |
Solvency | |||||
Equity ratio | -9.9 % | -72.0 % | 85.6 % | 75.7 % | 58.6 % |
Gearing | |||||
Relative net indebtedness % | 50.6 % | 7.6 % | -25.4 % | -48.7 % | -12.5 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.3 | 7.0 | 4.1 | 2.4 |
Current ratio | 0.9 | 0.3 | 7.0 | 4.1 | 2.4 |
Cash and cash equivalents | 167.00 | 14.00 | 146.00 | 101.00 | 28.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -9.4 % | -7.6 % | 25.4 % | 50.0 % | 13.3 % |
Credit risk | |||||
Credit rating | B | B | B | B | B |
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