FONDEN TIL FREMME AF ELITESPORT OG KULTUR I SØNDERJYLLAND — Credit Rating and Financial Key Figures

FONDEN TIL FREMME AF ELITESPORT OG KULTUR I SØNDERJYLLAND (CVR number: 30895142K) is a company from HADERSLEV. The company recorded a gross profit of 30.8 mDKK in 2021. The operating profit was -2790 kDKK, while net earnings were 1234 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FONDEN TIL FREMME AF ELITESPORT OG KULTUR I SØNDERJYLLAND's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.