DELOITTE FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About DELOITTE FONDEN
DELOITTE FONDEN (CVR number: 11718841K) is a company from KØBENHAVN. The company reported a net sales of 53 mDKK in 2019, demonstrating a decline of -23.5 % compared to the previous year. The operating profit percentage was at 90.7 % (EBIT: 48.1 mDKK), while net earnings were -9152 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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. DELOITTE FONDEN's liquidity measured by quick ratio was 85.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 67.31 | 68.72 | 69.25 | 53.00 |
Gross profit | 65.94 | 67.92 | 67.82 | 49.04 |
EBIT | 64.41 | 66.69 | 67.07 | 48.09 |
Net earnings | 64.51 | 100.83 | 9.02 | -9.15 |
Shareholders equity total | 273.99 | 360.12 | 354.15 | 330.00 |
Balance sheet total (assets) | 1 683.23 | 1 766.83 | 1 658.41 | 431.24 |
Net debt | 717.35 | 696.99 | 672.97 | -11.84 |
Profitability | ||||
EBIT-% | 95.7 % | 97.0 % | 96.8 % | 90.7 % |
ROA | 8.5 % | 10.5 % | 6.9 % | 15.3 % |
ROE | 23.5 % | 31.8 % | 2.5 % | -2.7 % |
ROI | 8.5 % | 10.5 % | 6.9 % | 15.4 % |
Economic value added (EVA) | 56.22 | 12.52 | 9.27 | -12.94 |
Solvency | ||||
Equity ratio | 16.3 % | 20.4 % | 21.4 % | 76.5 % |
Gearing | 306.7 % | 233.0 % | 196.4 % | 27.9 % |
Relative net indebtedness % | 1818.4 % | 1710.7 % | 1726.2 % | -5.3 % |
Liquidity | ||||
Quick ratio | 1.0 | 1.1 | 1.1 | 85.9 |
Current ratio | 1.0 | 1.1 | 1.1 | 85.9 |
Cash and cash equivalents | 122.95 | 142.13 | 22.59 | 104.05 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -172.4 % | -142.2 % | 13.0 % | 304.0 % |
Credit risk | ||||
Credit rating | AA | AAA | AA | AA |
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