FONDEN AF 3. DECEMBER 1985 — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN AF 3. DECEMBER 1985
FONDEN AF 3. DECEMBER 1985 (CVR number: 11695086) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -11.3 % compared to the previous year. The operating profit percentage was poor at -71.4 % (EBIT: -0.1 mDKK), while net earnings were 361.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.8 %, 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 AF 3. DECEMBER 1985's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 74.00 | 20.00 | 60.00 | 85.00 | 75.40 |
Gross profit | -53.00 | -71.00 | -71.00 | -43.00 | -35.08 |
EBIT | -72.00 | -90.00 | -90.00 | -62.00 | -53.82 |
Net earnings | 66.00 | 88.00 | - 125.00 | 86.00 | 361.87 |
Shareholders equity total | 1 183.00 | 1 271.00 | 1 146.00 | 1 233.00 | 1 594.81 |
Balance sheet total (assets) | 1 734.00 | 1 801.00 | 1 730.00 | 1 768.00 | 2 860.17 |
Net debt | - 209.00 | - 289.00 | - 261.00 | - 291.00 | -1 348.14 |
Profitability | |||||
EBIT-% | -97.3 % | -450.0 % | -150.0 % | -72.9 % | -71.4 % |
ROA | 4.5 % | 5.5 % | -5.1 % | 5.5 % | 16.4 % |
ROE | 5.7 % | 7.2 % | -10.3 % | 7.2 % | 25.6 % |
ROI | 7.0 % | 8.0 % | -7.4 % | 8.2 % | 26.8 % |
Economic value added (EVA) | - 110.24 | - 138.94 | - 139.35 | - 106.47 | - 101.15 |
Solvency | |||||
Equity ratio | 68.2 % | 70.6 % | 66.2 % | 69.7 % | 55.8 % |
Gearing | |||||
Relative net indebtedness % | 462.2 % | 1205.0 % | 538.3 % | 287.1 % | -109.8 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.5 | 0.6 | 1.1 |
Current ratio | 0.4 | 0.6 | 0.5 | 0.6 | 1.1 |
Cash and cash equivalents | 209.00 | 289.00 | 261.00 | 291.00 | 1 348.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -689.2 % | -2420.0 % | -941.7 % | -588.2 % | -306.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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