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

CVR number: 11695086
Nørregade 7 A, 1165 København K
tel: 33978181
Free credit report Annual report

Credit rating

Company information

Official name
FONDEN AF 3. DECEMBER 1985
Established
1999
Industry

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 2024, demonstrating a growth of 46.7 % compared to the previous year. The operating profit percentage was poor at -64.7 % (EBIT: -0.1 mDKK), while net earnings were -171 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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 AF 3. DECEMBER 1985's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales20.0060.0085.0075.00110.06
Gross profit-71.00-71.00-43.00-35.00-52.47
EBIT-90.00-90.00-62.00-54.00-71.20
Net earnings88.00- 125.0086.00362.00- 170.99
Shareholders equity total1 271.001 146.001 233.001 595.001 423.82
Balance sheet total (assets)1 801.001 730.001 768.002 860.002 046.32
Net debt- 289.00- 261.00- 291.00-1 348.00- 552.36
Profitability
EBIT-%-450.0 %-150.0 %-72.9 %-72.0 %-64.7 %
ROA5.5 %-5.1 %5.5 %16.4 %2.5 %
ROE7.2 %-10.3 %7.2 %25.6 %-11.3 %
ROI8.0 %-7.4 %8.2 %26.8 %4.0 %
Economic value added (EVA)- 149.45- 153.87- 119.59- 115.96- 151.35
Solvency
Equity ratio70.6 %66.2 %69.7 %55.8 %69.6 %
Gearing
Relative net indebtedness %1205.0 %538.3 %287.1 %-110.7 %63.7 %
Liquidity
Quick ratio0.60.50.61.11.0
Current ratio0.60.50.61.11.0
Cash and cash equivalents289.00261.00291.001 348.00552.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2420.0 %-941.7 %-588.2 %-308.0 %-131.4 %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:2.46%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.6%
Rating: 53/100
-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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