DEN ALMENNYTTIGE ERHVERVSDRIVENDE FOND, FAABORG HALLERNE
Credit rating
Company information
About DEN ALMENNYTTIGE ERHVERVSDRIVENDE FOND, FAABORG HALLERNE
DEN ALMENNYTTIGE ERHVERVSDRIVENDE FOND, FAABORG HALLERNE (CVR number: 33667612) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 1498.3 kDKK in 2023. The operating profit was 296.1 kDKK, while net earnings were -82.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.6 %, 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. DEN ALMENNYTTIGE ERHVERVSDRIVENDE FOND, FAABORG HALLERNE's liquidity measured by quick ratio was 5.2 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 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 694.49 | 1 739.98 | 2 474.88 | 1 604.93 | 1 498.35 |
EBIT | 776.58 | 835.97 | 1 508.17 | 491.24 | 296.15 |
Net earnings | 43.49 | 294.12 | 951.87 | 137.44 | -82.73 |
Shareholders equity total | 23 426.41 | 23 720.54 | 24 327.71 | 23 591.50 | 25 848.56 |
Balance sheet total (assets) | 38 502.58 | 36 898.96 | 37 114.11 | 39 311.78 | 41 978.23 |
Net debt | 11 004.02 | 10 450.17 | 9 630.33 | 10 213.17 | 7 250.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 2.2 % | 4.1 % | 1.3 % | 0.7 % |
ROE | 0.2 % | 1.2 % | 4.0 % | 0.6 % | -0.3 % |
ROI | 2.5 % | 2.3 % | 4.2 % | 1.4 % | 0.8 % |
Economic value added (EVA) | - 631.59 | -1 134.11 | - 465.63 | -1 274.09 | -1 488.56 |
Solvency | |||||
Equity ratio | 60.8 % | 64.3 % | 65.5 % | 60.0 % | 61.6 % |
Gearing | 55.2 % | 49.5 % | 46.8 % | 46.6 % | 41.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 1.9 | 1.5 | 5.2 |
Current ratio | 0.9 | 1.1 | 1.9 | 1.5 | 5.2 |
Cash and cash equivalents | 1 937.70 | 1 295.69 | 1 749.17 | 788.88 | 3 422.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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