STIFTELSEN KONG FREDERIK DEN OTTENDES MINDE — Credit Rating and Financial Key Figures

CVR number: 56095810
Skanderborgvej 277 D, 8260 Viby J
tel: 45260102

Company information

Official name
STIFTELSEN KONG FREDERIK DEN OTTENDES MINDE
Personnel
3 persons
Established
1917
Industry

About STIFTELSEN KONG FREDERIK DEN OTTENDES MINDE

STIFTELSEN KONG FREDERIK DEN OTTENDES MINDE (CVR number: 56095810) is a company from AARHUS. The company reported a net sales of 5.2 mDKK in 2024, demonstrating a growth of 3.6 % compared to the previous year. The operating profit percentage was at 36 % (EBIT: 1.9 mDKK), while net earnings were 1239 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. STIFTELSEN KONG FREDERIK DEN OTTENDES MINDE's liquidity measured by quick ratio was 5.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales3 848.113 924.054 127.845 025.425 205.57
Gross profit1 025.521 570.921 717.631 911.262 343.34
EBIT440.801 191.702 191.541 319.761 876.42
Net earnings601.56272.44721.85668.671 238.99
Shareholders equity total59 724.8059 898.3760 508.8961 040.7662 145.01
Balance sheet total (assets)87 625.4178 521.38100 025.4797 919.9598 911.33
Net debt9 693.5410 021.0931 140.0527 779.6226 809.40
Profitability
EBIT-%11.5 %30.4 %53.1 %26.3 %36.0 %
ROA1.2 %1.6 %2.7 %1.6 %2.2 %
ROE1.0 %0.5 %1.2 %1.1 %2.0 %
ROI1.2 %1.6 %2.8 %1.7 %2.3 %
Economic value added (EVA)-1 907.07-1 144.29- 189.54-2 190.94-1 492.14
Solvency
Equity ratio68.2 %76.3 %60.5 %62.3 %62.8 %
Gearing40.3 %24.4 %58.5 %53.2 %51.6 %
Relative net indebtedness %352.0 %357.0 %853.7 %640.5 %605.1 %
Liquidity
Quick ratio15.17.98.05.15.4
Current ratio15.17.98.05.15.4
Cash and cash equivalents14 355.064 613.844 278.184 691.745 265.36
Capital use efficiency
Trade debtors turnover (days)0.2
Net working capital %22.4 %48.9 %83.8 %17.2 %25.1 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:2.19%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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