Fonden Morgencafé for Hjemløse — Credit Rating and Financial Key Figures

Fonden Morgencafé for Hjemløse (CVR number: 35957847) is a company from KØBENHAVN. The company reported a net sales of 5.3 mDKK in 2023, demonstrating a decline of -5.2 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 0.1 mDKK), while net earnings were 122.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Fonden Morgencafé for Hjemløse's liquidity measured by quick ratio was 2.3 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.