FONDEN TORDENSKIOLD I FREDERIKSHAVN — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN TORDENSKIOLD I FREDERIKSHAVN
FONDEN TORDENSKIOLD I FREDERIKSHAVN (CVR number: 27423337) is a company from FREDERIKSHAVN. The company reported a net sales of 1.6 mDKK in 2024, demonstrating a decline of -11.7 % compared to the previous year. The operating profit percentage was at 0.3 % (EBIT: 0 mDKK), while net earnings were 5.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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 TORDENSKIOLD I FREDERIKSHAVN's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 081.24 | 3 075.27 | 1 693.65 | 1 770.76 | 1 562.87 |
Gross profit | 779.37 | 651.44 | 683.56 | 698.71 | 621.38 |
EBIT | 188.56 | 52.69 | -86.67 | -34.29 | 5.38 |
Net earnings | 185.15 | 45.51 | -90.36 | -34.39 | 5.20 |
Shareholders equity total | 347.49 | 393.00 | 302.64 | 268.26 | 273.45 |
Balance sheet total (assets) | 3 300.23 | 824.28 | 487.78 | 565.68 | 416.66 |
Net debt | -2 296.55 | - 210.97 | -63.65 | -25.18 | -73.08 |
Profitability | |||||
EBIT-% | 6.1 % | 1.7 % | -5.1 % | -1.9 % | 0.3 % |
ROA | 10.0 % | 2.6 % | -13.2 % | -6.5 % | 1.2 % |
ROE | 72.6 % | 12.3 % | -26.0 % | -12.0 % | 1.9 % |
ROI | 74.0 % | 14.2 % | -24.9 % | -12.0 % | 2.2 % |
Economic value added (EVA) | 180.40 | 35.23 | - 106.42 | -49.51 | -8.10 |
Solvency | |||||
Equity ratio | 10.5 % | 47.7 % | 62.0 % | 47.4 % | 65.6 % |
Gearing | 0.1 % | ||||
Relative net indebtedness % | 21.3 % | 7.2 % | 7.2 % | 15.4 % | 4.5 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.3 | 1.1 | 1.1 | 1.5 |
Current ratio | 1.1 | 1.5 | 1.4 | 1.3 | 2.0 |
Cash and cash equivalents | 2 296.55 | 210.97 | 63.82 | 25.18 | 73.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 33.9 | 15.8 | 0.7 | 33.8 | 0.7 |
Net working capital % | 5.0 % | 6.9 % | 4.7 % | 5.2 % | 9.1 % |
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BB |
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