IDRÆTS- OG KULTUR FONDEN SYDVEST — Credit Rating and Financial Key Figures
Credit rating
Company information
About IDRÆTS- OG KULTUR FONDEN SYDVEST
IDRÆTS- OG KULTUR FONDEN SYDVEST (CVR number: 29815607) is a company from ESBJERG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -59.6 % compared to the previous year. The operating profit percentage was poor at -19.9 % (EBIT: -0 mDKK), while net earnings were -21.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IDRÆTS- OG KULTUR FONDEN SYDVEST's liquidity measured by quick ratio was 151.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 324.66 | 327.86 | 427.77 | 265.81 | 107.50 |
Gross profit | 313.72 | 319.97 | 419.92 | 257.05 | 74.89 |
EBIT | 271.29 | 275.15 | 281.67 | 163.48 | -21.42 |
Net earnings | 271.70 | 273.71 | 280.33 | 160.54 | -21.42 |
Shareholders equity total | 300.00 | 1 004.74 | 761.07 | 895.41 | 858.99 |
Balance sheet total (assets) | 924.53 | 1 216.33 | 852.40 | 899.78 | 863.36 |
Net debt | - 660.75 | - 457.83 | - 353.38 | - 496.08 | - 555.97 |
Profitability | |||||
EBIT-% | 83.6 % | 83.9 % | 65.8 % | 61.5 % | -19.9 % |
ROA | 30.1 % | 25.7 % | 27.2 % | 18.7 % | -2.4 % |
ROE | 90.6 % | 42.0 % | 31.8 % | 19.4 % | -2.4 % |
ROI | 30.5 % | 28.6 % | 31.9 % | 19.7 % | -2.4 % |
Economic value added (EVA) | 290.55 | 293.28 | 289.60 | 166.16 | -11.57 |
Solvency | |||||
Equity ratio | 32.4 % | 82.6 % | 89.3 % | 99.5 % | 99.5 % |
Gearing | |||||
Relative net indebtedness % | -202.2 % | -75.1 % | -61.3 % | -185.0 % | -513.1 % |
Liquidity | |||||
Quick ratio | 190.3 | 4.8 | 5.1 | 137.7 | 151.4 |
Current ratio | 190.3 | 4.8 | 5.1 | 137.7 | 151.4 |
Cash and cash equivalents | 660.75 | 457.83 | 353.38 | 496.08 | 555.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 169.3 | 57.4 | |||
Net working capital % | 255.0 % | 247.9 % | 86.5 % | 225.0 % | 612.0 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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