FONDEN DANMARKS FLYMUSEUM — Credit Rating and Financial Key Figures

CVR number: 11678645
Lufthavnsvej 1, Stauning 6900 Skjern
bela@gvdnet.dk
tel: 97369333
www.flymuseum.dk

Credit rating

Company information

Official name
FONDEN DANMARKS FLYMUSEUM
Personnel
5 persons
Established
1999
Domicile
Stauning
Industry
  • Expand more icon91Libraries, archives, museums and other cultural activities

About FONDEN DANMARKS FLYMUSEUM

FONDEN DANMARKS FLYMUSEUM (CVR number: 11678645) is a company from RINGKØBING-SKJERN. The company reported a net sales of 2 mDKK in 2023, demonstrating a growth of 23.8 % compared to the previous year. The operating profit percentage was at 18.7 % (EBIT: 0.4 mDKK), while net earnings were 362.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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 DANMARKS FLYMUSEUM's liquidity measured by quick ratio was 11.4 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
20192020202120222023
Volume
Net sales1 703.191 139.331 321.081 623.672 010.22
Gross profit1 043.011 166.68747.26800.54948.63
EBIT638.87764.82282.49310.48376.47
Net earnings502.56655.57197.39261.30362.19
Shareholders equity total7 112.947 768.517 965.898 227.208 589.39
Balance sheet total (assets)13 425.5713 579.0513 198.3112 724.8512 655.81
Net debt5 756.444 946.434 515.304 054.16- 719.78
Profitability
EBIT-%37.5 %67.1 %21.4 %19.1 %18.7 %
ROA4.7 %5.7 %2.1 %2.4 %3.0 %
ROE7.3 %8.8 %2.5 %3.2 %4.3 %
ROI4.7 %5.7 %2.1 %2.4 %3.0 %
Economic value added (EVA)2.37133.75- 277.47- 267.24- 220.17
Solvency
Equity ratio53.0 %57.2 %60.4 %64.7 %67.9 %
Gearing88.3 %74.3 %63.8 %53.6 %0.0 %
Relative net indebtedness %340.0 %437.6 %353.0 %255.2 %166.5 %
Liquidity
Quick ratio1.50.50.50.811.4
Current ratio1.60.60.60.912.7
Cash and cash equivalents521.79824.96569.18353.79719.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %13.0 %-59.8 %-36.0 %-3.1 %38.6 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:2.97%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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

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