DEN SOCIALE UDVIKLINGSFOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About DEN SOCIALE UDVIKLINGSFOND
DEN SOCIALE UDVIKLINGSFOND (CVR number: 24206475) is a company from ODENSE. The company reported a net sales of 328.3 mDKK in 2023, demonstrating a growth of 9.4 % compared to the previous year. The operating profit percentage was at 69.9 % (EBIT: 229.5 mDKK), while net earnings were 29.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 110.8 %, 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 83.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DEN SOCIALE UDVIKLINGSFOND's liquidity measured by quick ratio was 4.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 300 068.00 | 328 293.00 | |
Gross profit | 300 068.00 | 328 293.00 | |
EBIT | 211 518.00 | 229 539.00 | |
Net earnings | 33 890.00 | 29 050.00 | |
Shareholders equity total | 148 106.00 | 177 156.00 | |
Balance sheet total (assets) | 191 474.00 | 224 844.00 | |
Net debt | 2 498.00 | 2 188.00 | |
Profitability | |||
EBIT-% | 70.5 % | 69.9 % | |
ROA | 113.8 % | 110.8 % | |
ROE | 22.9 % | 17.9 % | |
ROI | 141.7 % | 136.5 % | |
Economic value added (EVA) | -3 593.43 | 211 518.00 | 221 814.22 |
Solvency | |||
Equity ratio | 84.1 % | 83.6 % | |
Gearing | 3.8 % | 3.0 % | |
Relative net indebtedness % | 13.4 % | 13.0 % | |
Liquidity | |||
Quick ratio | 4.9 | 4.3 | |
Current ratio | 3.0 | 3.0 | |
Cash and cash equivalents | 3 123.00 | 3 194.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 4.4 | 4.4 | |
Net working capital % | 24.8 % | 24.5 % | |
Credit risk | |||
Credit rating | A | A |
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