Fonden Simeon kirkes Menighedshus — Credit Rating and Financial Key Figures

CVR number: 17688928
Sortedam Dossering 23, 2200 København N
pvn@km.dk

Credit rating

Company information

Official name
Fonden Simeon kirkes Menighedshus
Personnel
6 persons
Established
1964
Industry
  • Expand more icon94Activities of membership organisations

About Fonden Simeon kirkes Menighedshus

Fonden Simeon kirkes Menighedshus (CVR number: 17688928) is a company from KØBENHAVN. The company reported a net sales of 2.7 mDKK in 2023, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 45.6 % (EBIT: 1.2 mDKK), while net earnings were 624 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.8 %, 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 Simeon kirkes Menighedshus's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 330.222 439.122 432.452 606.332 705.70
Gross profit-3 283.88470.11800.28-8.061 450.73
EBIT-3 463.00275.85558.32- 241.901 234.56
Net earnings-3 839.25- 155.0775.89- 539.33623.98
Shareholders equity total4 808.674 608.604 634.484 045.164 669.14
Balance sheet total (assets)30 482.6629 169.4528 859.2427 603.8927 775.73
Net debt21 335.1521 786.3821 361.4621 976.4720 864.47
Profitability
EBIT-%-148.6 %11.3 %23.0 %-9.3 %45.6 %
ROA-10.6 %0.9 %1.9 %-0.8 %4.5 %
ROE-57.1 %-3.3 %1.6 %-12.4 %14.3 %
ROI-11.1 %1.0 %2.0 %-0.9 %4.8 %
Economic value added (EVA)-3 959.82-1 050.73- 843.14-1 446.89- 291.20
Solvency
Equity ratio15.8 %15.8 %16.1 %14.7 %16.8 %
Gearing498.6 %505.2 %487.3 %543.3 %453.3 %
Relative net indebtedness %986.6 %945.5 %944.8 %903.9 %841.3 %
Liquidity
Quick ratio1.20.80.60.10.2
Current ratio1.20.80.60.10.2
Cash and cash equivalents2 641.741 497.961 223.15298.81
Capital use efficiency
Trade debtors turnover (days)9.32.615.8
Net working capital %16.0 %-18.4 %-40.8 %-84.2 %-79.6 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:4.46%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.8%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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