FONDEN DANMARKS FLYMUSEUM — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN DANMARKS FLYMUSEUM
FONDEN DANMARKS FLYMUSEUM (CVR number: 11678645) is a company from RINGKØBING-SKJERN. The company reported a net sales of 3.7 mDKK in 2024, demonstrating a growth of 69.1 % compared to the previous year. The operating profit percentage was at 9.7 % (EBIT: 0.4 mDKK), while net earnings were 358.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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 9.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 139.33 | 1 321.08 | 1 623.67 | 2 182.38 | 3 689.34 |
Gross profit | 1 166.68 | 747.26 | 800.54 | 1 041.86 | 1 243.93 |
EBIT | 764.82 | 282.49 | 310.48 | 376.47 | 356.91 |
Net earnings | 655.57 | 197.39 | 261.30 | 362.19 | 358.84 |
Shareholders equity total | 7 768.51 | 7 965.89 | 8 227.20 | 8 589.39 | 8 948.23 |
Balance sheet total (assets) | 13 579.05 | 13 198.31 | 12 724.85 | 12 655.81 | 13 088.40 |
Net debt | 4 946.43 | 4 515.30 | 4 054.16 | - 719.78 | -1 202.36 |
Profitability | |||||
EBIT-% | 67.1 % | 21.4 % | 19.1 % | 17.3 % | 9.7 % |
ROA | 5.7 % | 2.1 % | 2.4 % | 3.0 % | 2.8 % |
ROE | 8.8 % | 2.5 % | 3.2 % | 4.3 % | 4.1 % |
ROI | 5.7 % | 2.1 % | 2.4 % | 3.5 % | 4.1 % |
Economic value added (EVA) | 133.75 | - 277.47 | - 267.24 | - 220.17 | -38.54 |
Solvency | |||||
Equity ratio | 57.2 % | 60.4 % | 64.7 % | 67.9 % | 68.4 % |
Gearing | 74.3 % | 63.8 % | 53.6 % | 0.0 % | |
Relative net indebtedness % | 437.6 % | 353.0 % | 255.2 % | 153.3 % | 79.6 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.8 | 11.4 | 9.2 |
Current ratio | 0.6 | 0.6 | 0.9 | 12.7 | 10.2 |
Cash and cash equivalents | 824.96 | 569.18 | 353.79 | 719.78 | 1 202.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -59.8 % | -36.0 % | -3.1 % | 35.5 % | 35.1 % |
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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