FORENINGEN DANSKE KONFERENCECENTREFMBA — Credit Rating and Financial Key Figures

CVR number: 14999574
Lyngbyvej 24, 2100 København Ø

Credit rating

Company information

Official name
FORENINGEN DANSKE KONFERENCECENTREFMBA
Established
1990
Industry

About FORENINGEN DANSKE KONFERENCECENTREFMBA

FORENINGEN DANSKE KONFERENCECENTREFMBA (CVR number: 14999574) is a company from KØBENHAVN. The company recorded a gross profit of -465.8 kDKK in 2023. The operating profit was -515.8 kDKK, while net earnings were 150.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59 %, 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. FORENINGEN DANSKE KONFERENCECENTREFMBA's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 157.24-87.92- 471.03- 565.41- 465.83
EBIT- 207.24- 137.92- 521.03- 615.41- 515.83
Net earnings33.46-1 123.40868.16716.88150.65
Shareholders equity total2 144.621 021.231 889.392 606.272 756.92
Balance sheet total (assets)2 188.491 127.962 440.353 767.784 674.48
Net debt- 477.76- 106.99138.54863.721 787.81
Profitability
EBIT-%
ROA1.8 %-67.5 %49.1 %25.4 %5.5 %
ROE1.6 %-71.0 %59.7 %31.9 %5.6 %
ROI1.9 %-70.6 %51.2 %25.7 %5.5 %
Economic value added (EVA)- 216.38- 139.05- 533.95- 588.71- 459.42
Solvency
Equity ratio98.0 %90.5 %77.4 %69.2 %59.0 %
Gearing0.2 %26.8 %43.6 %67.5 %
Relative net indebtedness %
Liquidity
Quick ratio12.54.40.70.30.2
Current ratio12.54.40.70.30.2
Cash and cash equivalents482.87106.99367.42272.5072.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:5.46%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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