MELTING POT FONDEN — Credit Rating and Financial Key Figures

CVR number: 33770758
Nørrebrogade 52 C, 2200 København N
kbd@meltingpotfoundation.org
tel: 51398249
www.meltingpotfoundation.org

Credit rating

Company information

Official name
MELTING POT FONDEN
Personnel
2 persons
Established
2011
Industry

About MELTING POT FONDEN

MELTING POT FONDEN (CVR number: 33770758) is a company from KØBENHAVN. The company reported a net sales of 12.7 mDKK in 2023, demonstrating a growth of 795.2 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -0.2 mDKK), while net earnings were -256.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -23.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.8 %, 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. MELTING POT FONDEN's liquidity measured by quick ratio was 1.1 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales497.85611.43544.901 415.2012 668.22
Gross profit703.52269.75289.00256.061 142.19
EBIT703.52269.75289.0028.42- 244.84
Net earnings931.27262.61280.82-6.38- 256.15
Shareholders equity total2 127.38923.421 204.241 197.86941.71
Balance sheet total (assets)6 454.056 085.296 047.126 745.536 811.19
Net debt- 764.11-1 491.95-47.61-2 292.93-2 314.89
Profitability
EBIT-%141.3 %44.1 %53.0 %2.0 %-1.9 %
ROA13.0 %4.3 %4.8 %0.5 %-3.6 %
ROE56.0 %17.2 %26.4 %-0.5 %-23.9 %
ROI14.0 %4.6 %5.5 %0.7 %-6.2 %
Economic value added (EVA)676.44424.88506.01158.73-1.38
Solvency
Equity ratio33.0 %15.2 %19.9 %17.8 %13.8 %
Gearing
Relative net indebtedness %715.6 %600.2 %880.0 %230.0 %28.1 %
Liquidity
Quick ratio4.23.31.41.31.1
Current ratio4.23.31.41.31.1
Cash and cash equivalents764.111 491.9547.612 292.932 314.89
Capital use efficiency
Trade debtors turnover (days)347.0102.3124.91.40.1
Net working capital %189.3 %197.1 %89.2 %35.6 %2.0 %
Credit risk
Credit ratingAAAABBBBBB

Variable visualization

ROA:-3.60%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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