FONDEN FRISTADEN CHRISTIANIA — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN FRISTADEN CHRISTIANIA
FONDEN FRISTADEN CHRISTIANIA (CVR number: 34203083) is a company from KØBENHAVN. The company reported a net sales of 15.5 mDKK in 2023, demonstrating a growth of 12.8 % compared to the previous year. The operating profit percentage was at 12.7 % (EBIT: 2 mDKK), while net earnings were 623.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FONDEN FRISTADEN CHRISTIANIA's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 12 937.84 | 12 316.51 | 12 806.74 | 13 725.74 | 15 485.76 |
Gross profit | 3 143.18 | 1 966.23 | 2 069.00 | 2 675.84 | 3 548.69 |
EBIT | 6 374.33 | 4 795.15 | 5 005.32 | 3 365.88 | 1 960.20 |
Net earnings | 53.63 | 2 498.49 | 2 405.48 | 868.40 | 623.29 |
Shareholders equity total | 54 136.31 | 66 161.39 | 80 264.46 | 81 326.42 | 84 909.41 |
Balance sheet total (assets) | 225 563.04 | 274 830.84 | 286 851.73 | 286 683.06 | 293 635.27 |
Net debt | 109 609.13 | 113 419.00 | 130 659.13 | 131 713.61 | 130 280.00 |
Profitability | |||||
EBIT-% | 49.3 % | 38.9 % | 39.1 % | 24.5 % | 12.7 % |
ROA | 3.2 % | 2.2 % | 2.1 % | 1.6 % | 1.3 % |
ROE | 0.1 % | 4.2 % | 3.3 % | 1.1 % | 0.7 % |
ROI | 3.5 % | 2.5 % | 2.5 % | 1.9 % | 1.6 % |
Economic value added (EVA) | -2 850.43 | -2 299.53 | -3 507.09 | -6 918.15 | -8 309.96 |
Solvency | |||||
Equity ratio | 24.9 % | 24.8 % | 28.8 % | 29.2 % | 29.8 % |
Gearing | 248.2 % | 248.8 % | 201.5 % | 194.8 % | 178.8 % |
Relative net indebtedness % | 1013.9 % | 1106.6 % | 1188.4 % | 1111.8 % | 1034.0 % |
Liquidity | |||||
Quick ratio | 1.7 | 2.9 | 1.7 | 1.4 | 0.8 |
Current ratio | 1.1 | 2.0 | 1.2 | 1.0 | 0.6 |
Cash and cash equivalents | 24 766.19 | 51 160.63 | 31 048.68 | 26 740.99 | 21 519.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.9 | 11.3 | 0.1 | ||
Net working capital % | -23.2 % | 186.0 % | 26.7 % | -17.9 % | -101.6 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AAA |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.