DEN ERHVERVSDRIVENDE FOND KUNSTNERHUSET I CLASSENSGADE — Credit Rating and Financial Key Figures

CVR number: 25708113
Meldahlsgade 5, 1613 København V

Company information

Official name
DEN ERHVERVSDRIVENDE FOND KUNSTNERHUSET I CLASSENSGADE
Established
2000
Industry

About DEN ERHVERVSDRIVENDE FOND KUNSTNERHUSET I CLASSENSGADE

DEN ERHVERVSDRIVENDE FOND KUNSTNERHUSET I CLASSENSGADE (CVR number: 25708113) is a company from KØBENHAVN. The company reported a net sales of 0.6 mDKK in 2024, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was at 40.5 % (EBIT: 0.2 mDKK), while net earnings were 196 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 23.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.7 %, 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. DEN ERHVERVSDRIVENDE FOND KUNSTNERHUSET I CLASSENSGADE's liquidity measured by quick ratio was 1.5 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
2020
2021
2022
2023
2024
Volume
Net sales557.75560.77561.24572.22587.60
Gross profit210.94216.63162.84204.80360.64
EBIT88.4494.1440.3482.30238.14
Net earnings30.8738.13-12.2836.76196.02
Shareholders equity total686.99725.12712.84749.60945.62
Balance sheet total (assets)4 172.413 981.853 799.593 650.713 683.20
Net debt961.88944.22908.65833.15589.79
Profitability
EBIT-%15.9 %16.8 %7.2 %14.4 %40.5 %
ROA2.1 %2.3 %1.0 %2.2 %6.5 %
ROE4.6 %5.4 %-1.7 %5.0 %23.1 %
ROI3.9 %4.2 %1.9 %4.0 %11.4 %
Economic value added (EVA)-25.27-19.85-70.83-23.43135.50
Solvency
Equity ratio16.5 %18.2 %18.8 %20.5 %25.7 %
Gearing230.2 %205.1 %195.1 %172.5 %126.1 %
Relative net indebtedness %513.8 %483.9 %464.0 %426.6 %363.3 %
Liquidity
Quick ratio1.31.31.21.21.5
Current ratio1.31.31.21.21.5
Cash and cash equivalents619.59543.06482.46459.76602.85
Capital use efficiency
Trade debtors turnover (days)1.53.7
Net working capital %27.4 %26.8 %17.0 %15.2 %40.2 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:6.49%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.7%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member

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