FONDEN SØNDERGÅRDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN SØNDERGÅRDEN
FONDEN SØNDERGÅRDEN (CVR number: 53276911) is a company from KØBENHAVN. The company reported a net sales of 12.6 mDKK in 2023, demonstrating a decline of -2.4 % compared to the previous year. The operating profit percentage was at 20.5 % (EBIT: 2.6 mDKK), while net earnings were 545.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.9 %, 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. FONDEN SØNDERGÅRDEN's liquidity measured by quick ratio was 4.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 12 808.63 | 12 744.19 | 12 443.70 | 12 941.68 | 12 636.22 |
Gross profit | 5 995.37 | -24 627.92 | 5 875.55 | 4 535.15 | 5 739.98 |
EBIT | 2 694.18 | -28 286.49 | 2 998.90 | 1 647.62 | 2 594.51 |
Net earnings | 957.32 | -21 801.29 | 1 355.62 | 351.51 | 545.50 |
Shareholders equity total | 219 622.47 | 133 124.65 | 138 639.07 | 170 595.86 | 122 162.53 |
Balance sheet total (assets) | 352 697.97 | 241 394.91 | 246 762.81 | 283 393.24 | 220 760.42 |
Net debt | 35 484.06 | 41 274.92 | 31 552.53 | 29 164.34 | 25 762.75 |
Profitability | |||||
EBIT-% | 21.0 % | -222.0 % | 24.1 % | 12.7 % | 20.5 % |
ROA | 0.8 % | -9.0 % | 1.2 % | 0.6 % | 1.2 % |
ROE | 0.5 % | -12.4 % | 1.0 % | 0.2 % | 0.4 % |
ROI | 0.9 % | -9.4 % | 1.3 % | 0.6 % | 1.2 % |
Economic value added (EVA) | -11 551.44 | -38 838.14 | -8 839.11 | -10 231.31 | -11 525.55 |
Solvency | |||||
Equity ratio | 62.4 % | 55.3 % | 56.4 % | 60.7 % | 55.9 % |
Gearing | 25.3 % | 41.3 % | 39.3 % | 31.7 % | 43.9 % |
Relative net indebtedness % | 423.3 % | 471.7 % | 395.3 % | 317.2 % | 299.1 % |
Liquidity | |||||
Quick ratio | 1.9 | 1.5 | 1.9 | 4.2 | 4.8 |
Current ratio | 1.8 | 1.5 | 1.8 | 3.8 | 4.3 |
Cash and cash equivalents | 19 990.35 | 13 701.59 | 22 929.54 | 24 837.50 | 27 881.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.4 | 0.3 | 0.5 | 1.7 | 1.3 |
Net working capital % | 91.4 % | 50.9 % | 83.7 % | 143.5 % | 170.5 % |
Credit risk | |||||
Credit rating | AAA | BBB | AAA | AAA | AAA |
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