Foreningen SYMB! — Credit Rating and Financial Key Figures
Credit rating
Company information
About Foreningen SYMB!
Foreningen SYMB! (CVR number: 37624640) is a company from KALUNDBORG. The company recorded a gross profit of 78.8 kDKK in 2023. The operating profit was -64.9 kDKK, while net earnings were -64.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -23.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. Foreningen SYMB!'s liquidity measured by quick ratio was 7.1 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 927.01 | 865.94 | 752.55 | ||
Gross profit | 549.19 | 525.53 | 460.37 | 429.71 | 78.80 |
EBIT | 36.33 | -8.78 | 3.81 | 260.77 | -64.89 |
Net earnings | 29.86 | -11.25 | 0.61 | 258.00 | -64.83 |
Shareholders equity total | 58.33 | 47.09 | 47.70 | 305.70 | 240.87 |
Balance sheet total (assets) | 311.34 | 526.00 | 216.57 | 435.77 | 343.38 |
Net debt | - 256.58 | - 401.37 | - 197.50 | - 413.81 | - 305.73 |
Profitability | |||||
EBIT-% | 3.9 % | -1.0 % | 0.5 % | ||
ROA | 15.5 % | -2.1 % | 1.0 % | 79.9 % | -16.6 % |
ROE | 68.8 % | -21.3 % | 1.3 % | 146.0 % | -23.7 % |
ROI | 70.4 % | -10.3 % | 2.9 % | 98.0 % | -20.4 % |
Economic value added (EVA) | 34.90 | -11.71 | 1.45 | 254.85 | -83.26 |
Solvency | |||||
Equity ratio | 18.7 % | 21.2 % | 23.4 % | 70.2 % | 70.5 % |
Gearing | |||||
Relative net indebtedness % | -0.4 % | 9.0 % | -13.1 % | ||
Liquidity | |||||
Quick ratio | 1.3 | 3.5 | 5.4 | 9.3 | 7.1 |
Current ratio | 1.3 | 1.0 | 4.0 | 9.3 | 6.8 |
Cash and cash equivalents | 256.58 | 401.37 | 197.50 | 413.81 | 305.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.1 | ||||
Net working capital % | 6.7 % | 0.7 % | 19.7 % | ||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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