FONDEN MACHSIKE HADAS OG JESHURUN
Credit rating
Company information
About FONDEN MACHSIKE HADAS OG JESHURUN
FONDEN MACHSIKE HADAS OG JESHURUN (CVR number: 31164869) is a company from KØBENHAVN. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 13.8 % compared to the previous year. The operating profit percentage was at 63.8 % (EBIT: 0.7 mDKK), while net earnings were 889.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FONDEN MACHSIKE HADAS OG JESHURUN's liquidity measured by quick ratio was 3.7 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 | 495.20 | 370.95 | 753.76 | 964.20 | 1 096.80 |
Gross profit | 76.48 | -33.57 | -55.75 | 401.70 | 442.38 |
EBIT | -19.67 | 4 962.30 | 268.04 | -2 773.38 | 699.90 |
Net earnings | 40.28 | 4 051.86 | 128.26 | -2 177.65 | 889.50 |
Shareholders equity total | 13 870.33 | 17 922.19 | 18 050.45 | 15 872.79 | 16 762.30 |
Balance sheet total (assets) | 16 890.84 | 31 486.81 | 31 834.38 | 28 752.45 | 29 418.92 |
Net debt | -1 995.32 | 11 437.92 | 11 140.91 | 11 096.33 | 11 488.68 |
Profitability | |||||
EBIT-% | -4.0 % | 1337.7 % | 35.6 % | -287.6 % | 63.8 % |
ROA | 0.5 % | 20.5 % | 0.8 % | -9.2 % | 2.4 % |
ROE | 0.3 % | 25.5 % | 0.7 % | -12.8 % | 5.5 % |
ROI | 0.5 % | 20.8 % | 0.9 % | -9.3 % | 2.4 % |
Economic value added (EVA) | - 582.48 | 3 634.55 | -1 268.35 | -3 566.68 | - 851.49 |
Solvency | |||||
Equity ratio | 83.2 % | 57.3 % | 57.3 % | 55.9 % | 57.7 % |
Gearing | 18.6 % | 70.0 % | 68.8 % | 77.4 % | 72.6 % |
Relative net indebtedness % | -315.2 % | 3167.5 % | 1560.3 % | 1206.5 % | 1092.2 % |
Liquidity | |||||
Quick ratio | 21.6 | 7.6 | 3.2 | 4.3 | 3.7 |
Current ratio | 10.6 | 3.8 | 1.8 | 1.9 | 1.5 |
Cash and cash equivalents | 4 581.32 | 1 114.96 | 1 279.67 | 1 192.28 | 677.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 755.6 % | 334.3 % | 76.9 % | 60.2 % | 26.8 % |
Credit risk | |||||
Credit rating | BBB | A | BBB | BB | A |
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