Fonden af 16. oktober 2018 — Credit Rating and Financial Key Figures

CVR number: 39947447
Alexandriagade 8, 2150 Nordhavn

Credit rating

Company information

Official name
Fonden af 16. oktober 2018
Established
2018
Industry
  • Expand more icon643200

About Fonden af 16. oktober 2018

Fonden af 16. oktober 2018 (CVR number: 39947447) is a company from KØBENHAVN. The company recorded a gross profit of -65.4 kDKK in 2023. The operating profit was -221.7 kDKK, while net earnings were 426.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent and Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fonden af 16. oktober 2018's liquidity measured by quick ratio was 9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-52.33-56.81- 217.18-59.18-65.43
EBIT- 272.45- 187.81- 373.43- 176.36- 221.68
Net earnings287.47521.02451.69441.04426.77
Shareholders equity total687.471 208.501 660.191 801.231 928.00
Balance sheet total (assets)912.481 402.251 857.942 000.482 131.50
Net debt-50.96- 388.73- 877.45-1 067.12-1 178.51
Profitability
EBIT-%
ROA31.5 %45.3 %18.8 %23.6 %20.9 %
ROE41.8 %55.0 %31.5 %25.5 %22.9 %
ROI41.9 %55.3 %21.3 %26.3 %23.1 %
Economic value added (EVA)- 272.45- 204.72- 399.54- 200.62- 243.49
Solvency
Equity ratio75.3 %86.2 %89.4 %90.0 %90.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.75.77.98.59.0
Current ratio2.75.77.98.59.0
Cash and cash equivalents50.96388.73877.451 067.121 178.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:20.9%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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