FONDEN FOR DRONNINGLUND KUNSTCENTER — Credit Rating and Financial Key Figures

CVR number: 26306159
Thorup Hedevej 1, 9330 Dronninglund
kp@nordex-food.dk
tel: 96476600
Free credit report Annual report

Company information

Official name
FONDEN FOR DRONNINGLUND KUNSTCENTER
Established
2001
Industry

About FONDEN FOR DRONNINGLUND KUNSTCENTER

FONDEN FOR DRONNINGLUND KUNSTCENTER (CVR number: 26306159) is a company from Brønderslev. The company reported a net sales of 2.4 mDKK in 2024, demonstrating a growth of 8.2 % compared to the previous year. The operating profit percentage was at 8.6 % (EBIT: 0.2 mDKK), while net earnings were 133.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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 1.2 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 517.742 227.282 863.532 218.602 400.90
Gross profit682.02839.10950.40895.92911.20
EBIT118.13281.18305.64297.33205.43
Net earnings93.80276.39277.65802.53133.47
Shareholders equity total978.531 254.921 532.572 335.102 468.57
Balance sheet total (assets)6 541.416 502.696 399.166 188.459 256.11
Net debt1 198.91339.43360.78- 145.70- 402.26
Profitability
EBIT-%7.8 %12.6 %10.7 %13.4 %8.6 %
ROA1.8 %4.3 %4.7 %13.3 %2.7 %
ROE10.1 %24.7 %19.9 %41.5 %5.6 %
ROI3.7 %8.8 %9.2 %24.2 %5.8 %
Economic value added (EVA)62.63160.08196.79176.5369.16
Solvency
Equity ratio15.0 %19.3 %23.9 %37.7 %26.7 %
Gearing146.3 %72.6 %56.9 %16.1 %15.3 %
Relative net indebtedness %351.2 %209.9 %152.1 %150.1 %250.3 %
Liquidity
Quick ratio0.10.50.71.51.2
Current ratio0.30.81.02.51.6
Cash and cash equivalents232.57571.76510.56522.37778.93
Capital use efficiency
Trade debtors turnover (days)3.04.61.00.6
Net working capital %-86.5 %-11.2 %-1.2 %23.8 %19.1 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:2.68%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.7%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

Companies in the same industry

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