FONDET AF 1844 — Credit Rating and Financial Key Figures

CVR number: 12289510
Gammel Kongevej 60, 1850 Frederiksberg C
regnskab@dts.dk
tel: 35263460
www.dts.dk

Company information

Official name
FONDET AF 1844
Personnel
4 persons
Established
1999
Industry

About FONDET AF 1844

FONDET AF 1844 (CVR number: 12289510) is a company from FREDERIKSBERG. The company reported a net sales of 9.1 mDKK in 2024, demonstrating a growth of 2.3 % compared to the previous year. The operating profit percentage was at 5.4 % (EBIT: 0.5 mDKK), while net earnings were -450.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FONDET AF 1844's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales7 909.198 290.508 693.248 916.209 122.98
Gross profit- 634.015 943.7024 837.74-20 009.76768.82
EBIT- 905.595 745.7924 284.34-20 558.33494.06
Net earnings-5 081.114 133.3919 381.98-15 520.10- 450.62
Shareholders equity total87 513.1393 117.59114 895.4699 011.1298 124.99
Balance sheet total (assets)233 570.97240 449.45263 801.29242 076.69246 329.58
Net debt103 046.12101 774.2998 977.87101 639.30107 049.90
Profitability
EBIT-%-11.4 %69.3 %279.3 %-230.6 %5.4 %
ROA-0.3 %2.6 %9.8 %-8.1 %0.2 %
ROE-5.6 %4.6 %18.6 %-14.5 %-0.5 %
ROI-0.4 %2.7 %10.1 %-8.2 %0.2 %
Economic value added (EVA)-11 032.89-6 241.997 757.37-28 615.88-11 548.17
Solvency
Equity ratio37.5 %38.7 %43.6 %40.9 %39.8 %
Gearing122.9 %117.1 %94.2 %108.6 %114.3 %
Relative net indebtedness %1441.7 %1342.8 %1204.2 %1199.2 %1227.1 %
Liquidity
Quick ratio0.40.81.51.30.9
Current ratio0.40.81.51.30.9
Cash and cash equivalents4 509.827 259.489 270.775 887.325 134.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-130.9 %-85.9 %-9.7 %-11.8 %-8.9 %
Credit risk
Credit ratingAAAAAABBBAA

Variable visualization

ROA:0.24%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.8%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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