Fonden Settlementet på Vesterbro — Credit Rating and Financial Key Figures

CVR number: 18210851
Dybbølsgade 41, 1721 København V
settlementet@settlementet.dk
tel: 33224016

Credit rating

Company information

Official name
Fonden Settlementet på Vesterbro
Personnel
81 persons
Established
1999
Industry
  • Expand more icon88Social work activities without accommodation

About Fonden Settlementet på Vesterbro

Fonden Settlementet på Vesterbro (CVR number: 18210851) is a company from KØBENHAVN. The company reported a net sales of 8.8 mDKK in 2023, demonstrating a growth of 5.5 % compared to the previous year. The operating profit percentage was at 14.2 % (EBIT: 1.2 mDKK), while net earnings were 1088.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Fonden Settlementet på Vesterbro's liquidity measured by quick ratio was 2.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 891.864 263.484 734.868 319.188 776.91
Gross profit16 638.8616 855.1318 350.4115 967.6418 626.73
EBIT-51.52-1 132.0813.50- 189.261 243.67
Net earnings-94.40-1 227.83- 126.24- 402.891 088.22
Shareholders equity total5 692.846 580.2415 232.4313 963.4715 051.69
Balance sheet total (assets)17 126.0421 514.0230 853.7627 051.3129 923.67
Net debt1 413.15-1 736.72-3 139.99556.52-1 690.50
Profitability
EBIT-%-0.9 %-26.6 %0.3 %-2.3 %14.2 %
ROA-0.1 %-5.9 %0.1 %-0.7 %4.4 %
ROE-1.6 %-20.0 %-1.2 %-2.8 %7.5 %
ROI-0.1 %-13.4 %0.1 %-1.0 %5.8 %
Economic value added (EVA)- 382.19-1 450.81- 226.85- 793.47517.48
Solvency
Equity ratio33.2 %37.0 %59.4 %51.6 %50.3 %
Gearing30.0 %14.4 %6.4 %6.8 %6.2 %
Relative net indebtedness %110.6 %182.3 %151.3 %115.4 %76.7 %
Liquidity
Quick ratio0.81.42.51.32.6
Current ratio0.80.80.91.42.7
Cash and cash equivalents295.712 682.554 116.46387.782 629.35
Capital use efficiency
Trade debtors turnover (days)128.4113.6102.959.038.1
Net working capital %-18.5 %-39.7 %-15.7 %16.8 %55.0 %
Credit risk
Credit ratingABBBAAAAA

Variable visualization

ROA:4.37%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member
Board member

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