KULTURFONDEN I HJØRRING — Credit Rating and Financial Key Figures
Credit rating
Company information
About KULTURFONDEN I HJØRRING
KULTURFONDEN I HJØRRING (CVR number: 35034773) is a company from HJØRRING. The company recorded a gross profit of -4.5 kDKK in 2024. The operating profit was -4.5 kDKK, while net earnings were 634.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.9 %, which can be considered excellent and Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KULTURFONDEN I HJØRRING's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.00 | -84.55 | -4.50 | ||
EBIT | -2.00 | -84.55 | -4.50 | ||
Net earnings | - 213.14 | 136.36 | 176.04 | 348.41 | 634.20 |
Shareholders equity total | 1 211.53 | 1 267.89 | 1 443.93 | 1 742.34 | 2 376.54 |
Balance sheet total (assets) | 1 240.62 | 1 376.98 | 1 494.39 | 1 810.22 | 2 433.74 |
Net debt | - 170.62 | - 138.00 | - 157.87 | - 105.56 | -66.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -15.7 % | 10.5 % | 12.5 % | 21.3 % | 29.9 % |
ROE | -16.2 % | 11.0 % | 13.0 % | 21.9 % | 30.8 % |
ROI | -15.8 % | 10.7 % | 12.8 % | 21.8 % | 30.6 % |
Economic value added (EVA) | 56.12 | 45.56 | 54.50 | -24.91 | 76.12 |
Solvency | |||||
Equity ratio | 97.7 % | 92.1 % | 96.6 % | 96.3 % | 97.6 % |
Gearing | 2.2 % | 4.5 % | 2.3 % | 1.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.8 | 1.8 | 3.8 | 1.6 | 1.6 |
Current ratio | 6.8 | 1.8 | 3.8 | 1.6 | 1.6 |
Cash and cash equivalents | 196.83 | 195.53 | 191.77 | 105.56 | 91.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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