DEN SOCIALE UDVIKLINGSFOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About DEN SOCIALE UDVIKLINGSFOND
DEN SOCIALE UDVIKLINGSFOND (CVR number: 24206475K) is a company from ODENSE. The company reported a net sales of 373.4 mDKK in 2023, demonstrating a growth of 7.1 % compared to the previous year. The operating profit percentage was at 72 % (EBIT: 268.8 mDKK), while net earnings were 29.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 92 %, which can be considered excellent and Return on Equity (ROE) was 17.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.9 %, 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. DEN SOCIALE UDVIKLINGSFOND's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 348 655.00 | 373 400.00 | |||
Gross profit | 348 655.00 | 373 400.00 | |||
EBIT | 253 450.00 | 268 777.00 | |||
Net earnings | 17 200.00 | 15 700.00 | 20 600.00 | 33 890.00 | 29 050.00 |
Shareholders equity total | 77 900.00 | 93 600.00 | 114 200.00 | 148 106.00 | 177 156.00 |
Balance sheet total (assets) | 189 400.00 | 208 900.00 | 249 500.00 | 275 478.00 | 308 688.00 |
Net debt | 77 829.00 | 74 070.00 | |||
Profitability | |||||
EBIT-% | 72.7 % | 72.0 % | |||
ROA | 97.3 % | 92.0 % | |||
ROE | 24.8 % | 18.3 % | 19.8 % | 25.8 % | 17.9 % |
ROI | 106.3 % | 108.9 % | |||
Economic value added (EVA) | -5 350.87 | -3 914.47 | -4 703.40 | 247 711.45 | 257 168.55 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 56.9 % | 59.9 % |
Gearing | 56.0 % | 48.3 % | |||
Relative net indebtedness % | 35.1 % | 32.1 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.8 | |||
Current ratio | 0.4 | 0.6 | |||
Cash and cash equivalents | 5 079.00 | 11 508.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.0 | 12.4 | |||
Net working capital % | -9.9 % | -6.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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