VISSING FONDEN — Credit Rating and Financial Key Figures

CVR number: 74742416
Vingårdsgade 22, 9000 Aalborg
www.vissingfonden.dk

Credit rating

Company information

Official name
VISSING FONDEN
Personnel
5 persons
Established
1979
Industry
  • Expand more icon88Social work activities without accommodation

About VISSING FONDEN

VISSING FONDEN (CVR number: 74742416) is a company from AALBORG. The company recorded a gross profit of -1177.6 kDKK in 2023. The operating profit was -1932.3 kDKK, while net earnings were 83.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VISSING FONDEN's liquidity measured by quick ratio was 78.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 976.23- 817.90- 769.38- 654.21-1 177.58
EBIT-1 651.23-1 492.90-1 444.38-1 404.21-1 932.33
Net earnings70 263.6865 014.5284 547.745 495.0283 162.60
Shareholders equity total367 859.63423 037.86503 637.89504 685.39577 973.86
Balance sheet total (assets)369 230.88423 965.86511 399.21506 339.95580 410.52
Net debt- 195 491.66- 209 418.30- 229 996.92- 169 843.86- 189 258.31
Profitability
EBIT-%
ROA21.1 %16.5 %19.3 %10.6 %19.4 %
ROE21.1 %16.4 %18.2 %1.1 %15.4 %
ROI21.2 %16.6 %19.5 %10.7 %19.4 %
Economic value added (EVA)-5 812.073 087.175 159.788 847.3511 280.61
Solvency
Equity ratio99.6 %99.8 %98.5 %99.7 %99.6 %
Gearing0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio144.7229.230.0106.378.5
Current ratio144.7229.230.0106.378.5
Cash and cash equivalents195 491.66209 418.30229 996.92171 251.50191 258.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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