FONDEN FOR DRONNINGLUND KUNSTCENTER — Credit Rating and Financial Key Figures

FONDEN FOR DRONNINGLUND KUNSTCENTER (CVR number: 26306159) is a company from Brønderslev. The company reported a net sales of 2.2 mDKK in 2023, demonstrating a decline of -22.5 % compared to the previous year. The operating profit percentage was at 13.4 % (EBIT: 0.3 mDKK), while net earnings were 802.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.7 %, 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 FOR DRONNINGLUND KUNSTCENTER's liquidity measured by quick ratio was 1.5 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.