FOUNDERS A/S — Credit Rating and Financial Key Figures

CVR number: 34598460
Skelbækgade 2, 1717 København V

Credit rating

Company information

Official name
FOUNDERS A/S
Personnel
4 persons
Established
2012
Company form
Limited company
Industry

About FOUNDERS A/S

FOUNDERS A/S (CVR number: 34598460K) is a company from KØBENHAVN. The company reported a net sales of 29.6 mDKK in 2020, demonstrating a growth of 118.6 % compared to the previous year. The operating profit percentage was poor at -287.9 % (EBIT: -85.3 mDKK), while net earnings were -104.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -19.9 %, which can be considered poor and Return on Equity (ROE) was -27.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOUNDERS A/S's liquidity measured by quick ratio was 4.1 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
2017
2018
2019
2020
Volume
Net sales5 073.837 494.9313 556.3329 629.70
Gross profit-16 065.63-22 024.15-31 292.24-18 880.92
EBIT-43 569.90-54 828.35-78 468.98-85 289.29
Net earnings-56 323.56-82 515.51- 104 882.17
Shareholders equity total65 993.82137 175.27295 324.14290 152.93
Balance sheet total (assets)87 174.11164 664.38325 508.60336 776.76
Net debt17 158.37-49 255.12-8 176.3610 222.20
Profitability
EBIT-%-858.7 %-731.5 %-578.8 %-287.9 %
ROA-49.9 %-43.4 %-30.3 %-19.9 %
ROE-44.1 %-30.4 %-27.8 %
ROI-52.4 %-45.7 %-34.3 %-32.1 %
Economic value added (EVA)-30 934.63-56 648.67-79 331.94-88 133.61
Solvency
Equity ratio95.9 %83.9 %90.7 %86.2 %
Gearing26.0 %13.7 %7.0 %13.1 %
Relative net indebtedness %417.4 %-540.6 %10.6 %64.0 %
Liquidity
Quick ratio12.410.17.04.1
Current ratio11.08.87.04.1
Cash and cash equivalents68 008.3928 749.6527 652.10
Capital use efficiency
Trade debtors turnover (days)24.465.0147.141.5
Net working capital %797.6 %910.0 %428.2 %92.1 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-19.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.2%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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