DEN ALMENNYTTIGE ERHVERVSDRIVENDE FOND, FAABORG HALLERNE

CVR number: 33667612
Sundvænget 8, 5600 Faaborg
admin@forumfaaborg.dk
tel: 62610606

Credit rating

Company information

Official name
DEN ALMENNYTTIGE ERHVERVSDRIVENDE FOND, FAABORG HALLERNE
Established
1967
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 694.491 739.982 474.881 604.931 498.35
EBIT776.58835.971 508.17491.24296.15
Net earnings43.49294.12951.87137.44-82.73
Shareholders equity total23 426.4123 720.5424 327.7123 591.5025 848.56
Balance sheet total (assets)38 502.5836 898.9637 114.1139 311.7841 978.23
Net debt11 004.0210 450.179 630.3310 213.177 250.52
Profitability
EBIT-%
ROA2.0 %2.2 %4.1 %1.3 %0.7 %
ROE0.2 %1.2 %4.0 %0.6 %-0.3 %
ROI2.5 %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 ratio60.8 %64.3 %65.5 %60.0 %61.6 %
Gearing55.2 %49.5 %46.8 %46.6 %41.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.91.55.2
Current ratio0.91.11.91.55.2
Cash and cash equivalents1 937.701 295.691 749.17788.883 422.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:0.73%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.6%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

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