Fonden World Climate Foundation — Credit Rating and Financial Key Figures

CVR number: 41243163
Toldbodgade 55 B, 1253 København K

Company information

Official name
Fonden World Climate Foundation
Personnel
2 persons
Established
2020
Industry

About Fonden World Climate Foundation

Fonden World Climate Foundation (CVR number: 41243163) is a company from KØBENHAVN. The company recorded a gross profit of 193.7 kDKK in 2023. The operating profit was -111.4 kDKK, while net earnings were -178.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -34.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Fonden World Climate Foundation'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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit- 137.392 230.91-1 564.07193.73
EBIT- 137.392 230.91-1 564.07- 111.43
Net earnings- 112.511 687.66-1 268.16- 178.21
Shareholders equity total187.491 875.15606.99428.78
Balance sheet total (assets)1 928.466 132.577 992.5918 818.04
Net debt- 887.68-1 309.88- 722.10-13 007.03
Profitability
EBIT-%
ROA-6.8 %55.6 %-21.6 %-0.4 %
ROE-60.0 %163.6 %-102.2 %-34.4 %
ROI-70.0 %217.1 %-123.2 %-11.0 %
Economic value added (EVA)- 106.971 775.10-1 248.38-81.21
Solvency
Equity ratio9.7 %30.6 %7.6 %2.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.11.41.11.0
Current ratio1.11.41.11.0
Cash and cash equivalents887.681 309.88722.1013 007.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-0.43%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.28%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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