Fonden for Andelskasserne i område Syd — Credit Rating and Financial Key Figures

CVR number: 33650272
J. Lauritzens Plads 2, 6760 Ribe

Company information

Official name
Fonden for Andelskasserne i område Syd
Personnel
13 persons
Established
2011
Industry

About Fonden for Andelskasserne i område Syd

Fonden for Andelskasserne i område Syd (CVR number: 33650272) is a company from ESBJERG. The company recorded a gross profit of -368.6 kDKK in 2023. The operating profit was -668.6 kDKK, while net earnings were 9195.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.4 %, 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. Fonden for Andelskasserne i område Syd's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 390.62- 191.79- 180.40- 112.95- 368.60
EBIT- 680.62- 491.79- 480.40- 399.62- 668.60
Net earnings2 845.8426 417.6693 083.53-5 906.889 195.66
Shareholders equity total109 700.47136 118.13229 201.66222 941.03231 041.98
Balance sheet total (assets)175 561.53198 614.21291 122.15280 238.97319 155.33
Net debt65 800.6862 429.0361 652.2357 258.6288 070.85
Profitability
EBIT-%
ROA3.8 %15.9 %39.1 %-1.2 %4.9 %
ROE2.6 %21.5 %51.0 %-2.6 %4.1 %
ROI3.8 %15.9 %39.2 %-1.2 %4.9 %
Economic value added (EVA)-6 050.06-9 310.72-9 330.31-13 926.84-13 881.23
Solvency
Equity ratio62.5 %68.5 %78.7 %79.6 %72.4 %
Gearing60.0 %45.9 %26.9 %25.7 %38.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents0.740.423.303.075.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.87%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Board member
Board member
Chairman of the board
Board member

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