Health and Happiness Research Fonden — Credit Rating and Financial Key Figures
Credit rating
Company information
About Health and Happiness Research Fonden
Health and Happiness Research Fonden (CVR number: 40652086) is a company from KØBENHAVN. The company recorded a gross profit of -213.1 kDKK in 2024. The operating profit was -213.1 kDKK, while net earnings were -201.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.1 %, which can be considered poor and Return on Equity (ROE) was -59.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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. Health and Happiness Research Fonden's liquidity measured by quick ratio was 5.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 365.74 | - 574.57 | - 528.58 | - 283.73 | - 213.07 |
EBIT | -3 110.74 | -4 054.78 | -1 696.24 | - 290.13 | - 213.07 |
Net earnings | -3 123.72 | -4 074.43 | -1 705.46 | - 260.31 | - 201.51 |
Shareholders equity total | 6 479.52 | 2 405.09 | 699.63 | 439.32 | 237.81 |
Balance sheet total (assets) | 8 748.10 | 2 434.80 | 1 807.90 | 585.11 | 395.31 |
Net debt | -1 697.36 | -2 278.91 | -1 805.36 | - 585.11 | - 382.81 |
Profitability | |||||
EBIT-% | |||||
ROA | -29.6 % | -72.5 % | -80.0 % | -21.8 % | -41.1 % |
ROE | -38.8 % | -91.7 % | -109.9 % | -45.7 % | -59.5 % |
ROI | -38.7 % | -91.3 % | -95.4 % | -31.0 % | -47.0 % |
Economic value added (EVA) | -3 593.30 | -4 380.37 | -1 817.10 | - 347.90 | - 239.67 |
Solvency | |||||
Equity ratio | 74.1 % | 98.8 % | 38.7 % | 75.1 % | 60.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 82.0 | 2.7 | 10.5 | 5.9 |
Current ratio | 2.8 | 82.0 | 2.7 | 10.5 | 5.9 |
Cash and cash equivalents | 1 697.36 | 2 278.91 | 1 805.36 | 585.11 | 382.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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