FONDEN AF 3. DECEMBER 1985 — Credit Rating and Financial Key Figures

CVR number: 11695086
Nørregade 7 A, 1165 København K
tel: 33978181

Credit rating

Company information

Official name
FONDEN AF 3. DECEMBER 1985
Established
1999
Industry
  • Expand more icon88Social work activities without accommodation

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales74.0020.0060.0085.0075.40
Gross profit-53.00-71.00-71.00-43.00-35.08
EBIT-72.00-90.00-90.00-62.00-53.82
Net earnings66.0088.00- 125.0086.00361.87
Shareholders equity total1 183.001 271.001 146.001 233.001 594.81
Balance sheet total (assets)1 734.001 801.001 730.001 768.002 860.17
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 %
ROA4.5 %5.5 %-5.1 %5.5 %16.4 %
ROE5.7 %7.2 %-10.3 %7.2 %25.6 %
ROI7.0 %8.0 %-7.4 %8.2 %26.8 %
Economic value added (EVA)- 110.24- 138.94- 139.35- 106.47- 101.15
Solvency
Equity ratio68.2 %70.6 %66.2 %69.7 %55.8 %
Gearing
Relative net indebtedness %462.2 %1205.0 %538.3 %287.1 %-109.8 %
Liquidity
Quick ratio0.40.60.50.61.1
Current ratio0.40.60.50.61.1
Cash and cash equivalents209.00289.00261.00291.001 348.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-689.2 %-2420.0 %-941.7 %-588.2 %-306.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.4%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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