FONDEN BALTIC DEVELOPMENT FORUM — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN BALTIC DEVELOPMENT FORUM
FONDEN BALTIC DEVELOPMENT FORUM (CVR number: 25617126) is a company from SLAGELSE. The company recorded a gross profit of -213.6 kDKK in 2024. The operating profit was -260.8 kDKK, while net earnings were -260.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -58.1 %, which can be considered poor and Return on Equity (ROE) was -71.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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. FONDEN BALTIC DEVELOPMENT FORUM's liquidity measured by quick ratio was 2.9 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 | - 208.48 | -38.66 | - 143.02 | - 138.65 | - 213.58 |
EBIT | - 268.48 | -98.67 | - 203.02 | - 209.15 | - 260.76 |
Net earnings | - 236.84 | - 108.59 | - 210.32 | - 209.15 | - 260.76 |
Shareholders equity total | 1 180.86 | 1 052.27 | 773.27 | 496.79 | 236.03 |
Balance sheet total (assets) | 1 330.86 | 1 092.27 | 813.27 | 537.44 | 359.99 |
Net debt | -1 311.99 | -1 079.60 | - 800.83 | - 527.09 | - 351.72 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.6 % | -8.1 % | -21.3 % | -31.0 % | -58.1 % |
ROE | -16.9 % | -9.7 % | -23.0 % | -32.9 % | -71.2 % |
ROI | -18.8 % | -8.8 % | -22.2 % | -32.9 % | -71.2 % |
Economic value added (EVA) | - 311.25 | - 158.00 | - 255.90 | - 248.01 | - 285.72 |
Solvency | |||||
Equity ratio | 88.7 % | 96.3 % | 95.1 % | 92.4 % | 65.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.9 | 27.3 | 20.3 | 13.2 | 2.9 |
Current ratio | 8.9 | 27.3 | 20.3 | 13.2 | 2.9 |
Cash and cash equivalents | 1 311.99 | 1 079.60 | 800.83 | 527.09 | 351.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | B | B |
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