ABSALON FONDEN AF 1 MAJ 1978 — Credit Rating and Financial Key Figures

CVR number: 11717330
Helgolandsgade 15, 1653 København V

Credit rating

Company information

Official name
ABSALON FONDEN AF 1 MAJ 1978
Personnel
3 persons
Established
1999
Industry
  • Expand more icon88Social work activities without accommodation

About ABSALON FONDEN AF 1 MAJ 1978

ABSALON FONDEN AF 1 MAJ 1978 (CVR number: 11717330) is a company from KØBENHAVN. The company recorded a gross profit of -152.4 kDKK in 2024. The operating profit was -372.4 kDKK, while net earnings were 3842.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ABSALON FONDEN AF 1 MAJ 1978's liquidity measured by quick ratio was 42.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales-7 756.2910 403.23-5 065.30
Gross profit-7 793.1410 363.28-5 157.43- 117.93- 152.42
EBIT-7 968.1410 188.28-5 362.43- 337.93- 372.42
Net earnings-7 808.7511 702.47-5 657.385 780.673 842.10
Shareholders equity total93 236.00105 634.53102 953.13106 490.51107 304.28
Balance sheet total (assets)93 447.88105 731.66103 132.80106 880.31107 719.19
Net debt-7 355.96-10 277.53-10 565.30-14 671.60-17 418.49
Profitability
EBIT-%97.9 %
ROA-7.8 %11.9 %-4.6 %6.0 %4.3 %
ROE-7.9 %11.8 %-5.4 %5.5 %3.6 %
ROI-7.8 %11.9 %-4.6 %6.0 %4.3 %
Economic value added (EVA)-3 734.8213 810.60-1 325.483 433.083 718.02
Solvency
Equity ratio99.8 %99.9 %99.8 %99.6 %99.6 %
Gearing0.3 %0.3 %
Relative net indebtedness %92.1 %-97.9 %205.0 %
Liquidity
Quick ratio46.5117.577.938.442.7
Current ratio46.5117.577.938.442.7
Cash and cash equivalents7 355.9610 277.5310 565.3014 943.9517 693.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-30.3 %53.3 %-167.1 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.28%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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