MINISTER ERNA HAMILTONS LEGAT FOR VIDENSKAB OG KUNST — Credit Rating and Financial Key Figures
Credit rating
Company information
About MINISTER ERNA HAMILTONS LEGAT FOR VIDENSKAB OG KUNST
MINISTER ERNA HAMILTONS LEGAT FOR VIDENSKAB OG KUNST (CVR number: 56233814) is a company from KØBENHAVN. The company recorded a gross profit of 11.1 mDKK in 2023. The operating profit was 7492.4 kDKK, while net earnings were 6774.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 21.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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. MINISTER ERNA HAMILTONS LEGAT FOR VIDENSKAB OG KUNST's liquidity measured by quick ratio was 6.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 28 141.66 | ||||
Gross profit | 8 826.93 | 11 298.98 | 11 666.62 | 12 037.59 | 11 071.07 |
EBIT | 6 041.99 | 8 260.67 | 8 278.55 | 8 632.74 | 7 492.37 |
Net earnings | 2 543.46 | 7 042.47 | 7 029.07 | 6 464.58 | 6 774.77 |
Shareholders equity total | 21 574.21 | 25 616.67 | 29 543.74 | 31 010.11 | 32 826.38 |
Balance sheet total (assets) | 109 929.48 | 108 297.06 | 110 211.98 | 111 279.40 | 111 387.64 |
Net debt | 38 526.70 | 37 542.82 | 31 807.14 | 28 509.77 | 25 095.99 |
Profitability | |||||
EBIT-% | 21.5 % | ||||
ROA | 5.6 % | 7.6 % | 7.6 % | 7.8 % | 7.0 % |
ROE | 12.2 % | 29.8 % | 25.5 % | 21.4 % | 21.2 % |
ROI | 7.2 % | 8.9 % | 8.2 % | 8.2 % | 7.2 % |
Economic value added (EVA) | 3 115.86 | 5 496.76 | 5 462.30 | 4 766.17 | 4 905.76 |
Solvency | |||||
Equity ratio | 20.9 % | 23.7 % | 26.8 % | 27.9 % | 29.5 % |
Gearing | 293.9 % | 239.3 % | 197.9 % | 182.1 % | 165.8 % |
Relative net indebtedness % | 225.5 % | ||||
Liquidity | |||||
Quick ratio | 1.9 | 2.5 | 2.7 | 5.8 | 6.1 |
Current ratio | 1.3 | 2.5 | 2.7 | 5.8 | 6.1 |
Cash and cash equivalents | 24 884.37 | 23 770.64 | 26 663.35 | 27 947.26 | 29 315.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 19.8 % | ||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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