Fonden Constructive Foundation — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fonden Constructive Foundation
Fonden Constructive Foundation (CVR number: 38360809) is a company from AARHUS. The company reported a net sales of 14.9 mDKK in 2023, demonstrating a decline of -2.8 % compared to the previous year. The operating profit percentage was at 85.2 % (EBIT: 12.7 mDKK), while net earnings were 12.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 127.1 %, which can be considered excellent and Return on Equity (ROE) was 541.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22 %, 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. Fonden Constructive Foundation's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 12 574.11 | 15 036.46 | 13 248.42 | 15 307.88 | 14 873.91 |
Gross profit | 11 946.41 | 14 662.42 | 12 848.42 | 14 857.88 | 13 867.27 |
EBIT | 11 742.20 | 14 370.02 | 12 531.03 | 14 530.13 | 12 671.48 |
Net earnings | 11 696.10 | 14 316.10 | 12 487.52 | 14 652.92 | 12 688.08 |
Shareholders equity total | 1 159.84 | 1 811.74 | 2 289.19 | 2 272.44 | 2 415.28 |
Balance sheet total (assets) | 6 692.49 | 7 762.28 | 9 424.04 | 8 962.75 | 10 971.68 |
Net debt | -5 497.74 | -3 912.85 | -5 625.97 | -6 390.09 | -6 260.27 |
Profitability | |||||
EBIT-% | 93.4 % | 95.6 % | 94.6 % | 94.9 % | 85.2 % |
ROA | 197.8 % | 198.8 % | 145.8 % | 158.0 % | 127.1 % |
ROE | 1317.9 % | 963.5 % | 609.0 % | 642.4 % | 541.3 % |
ROI | 1177.5 % | 886.2 % | 569.7 % | 616.7 % | 540.6 % |
Economic value added (EVA) | 11 844.17 | 14 563.97 | 12 633.54 | 14 861.07 | 12 880.39 |
Solvency | |||||
Equity ratio | 17.3 % | 23.3 % | 24.3 % | 25.4 % | 22.0 % |
Gearing | |||||
Relative net indebtedness % | -0.7 % | 12.6 % | 10.3 % | 2.0 % | 15.4 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 1.3 | 1.3 | 1.3 |
Current ratio | 1.2 | 1.4 | 1.3 | 1.3 | 1.3 |
Cash and cash equivalents | 5 497.74 | 3 912.85 | 5 625.97 | 6 390.09 | 6 260.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 9.3 % | 13.3 % | 17.8 % | 14.8 % | 16.1 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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