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 8.9 mDKK in 2023, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was poor at -230.6 % (EBIT: -20.6 mDKK), while net earnings were -15.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FONDET AF 1844's liquidity measured by quick ratio was 1.3 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 sales7 370.827 909.198 290.508 693.248 916.20
Gross profit18 863.74- 634.015 943.7024 837.74-20 009.76
EBIT18 562.07- 905.595 745.7924 284.34-20 558.33
Net earnings11 683.81-5 081.114 133.3919 381.98-15 520.10
Shareholders equity total92 566.5987 513.1393 117.59114 895.4699 011.12
Balance sheet total (assets)232 211.26233 570.97240 449.45263 801.29242 076.69
Net debt80 448.67103 046.12101 774.2998 977.87101 639.30
Profitability
EBIT-%251.8 %-11.4 %69.3 %279.3 %-230.6 %
ROA8.4 %-0.3 %2.6 %9.8 %-8.1 %
ROE13.3 %-5.6 %4.6 %18.6 %-14.5 %
ROI9.3 %-0.4 %2.7 %10.1 %-8.2 %
Economic value added (EVA)8 509.22-5 167.29140.8114 421.35-20 680.13
Solvency
Equity ratio39.9 %37.5 %38.7 %43.6 %40.9 %
Gearing94.5 %122.9 %117.1 %94.2 %108.6 %
Relative net indebtedness %1436.7 %1441.7 %1342.8 %1204.2 %1199.2 %
Liquidity
Quick ratio0.30.40.81.51.3
Current ratio0.30.40.81.51.3
Cash and cash equivalents7 035.194 509.827 259.489 270.775 887.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-284.4 %-130.9 %-85.9 %-9.7 %-11.8 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:-8.06%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.9%
Rating: 34/100
-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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