VISSING FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 70 263.68 | 65 014.52 | 84 547.74 | 5 495.02 | 83 162.60 |
Shareholders equity total | 367 859.63 | 423 037.86 | 503 637.89 | 504 685.39 | 577 973.86 |
Balance sheet total (assets) | 369 230.88 | 423 965.86 | 511 399.21 | 506 339.95 | 580 410.52 |
Net debt | - 195 491.66 | - 209 418.30 | - 229 996.92 | - 169 843.86 | - 189 258.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.1 % | 16.5 % | 19.3 % | 10.6 % | 19.4 % |
ROE | 21.1 % | 16.4 % | 18.2 % | 1.1 % | 15.4 % |
ROI | 21.2 % | 16.6 % | 19.5 % | 10.7 % | 19.4 % |
Economic value added (EVA) | -5 812.07 | 3 087.17 | 5 159.78 | 8 847.35 | 11 280.61 |
Solvency | |||||
Equity ratio | 99.6 % | 99.8 % | 98.5 % | 99.7 % | 99.6 % |
Gearing | 0.3 % | 0.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 144.7 | 229.2 | 30.0 | 106.3 | 78.5 |
Current ratio | 144.7 | 229.2 | 30.0 | 106.3 | 78.5 |
Cash and cash equivalents | 195 491.66 | 209 418.30 | 229 996.92 | 171 251.50 | 191 258.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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