FONDEN DBK
Credit rating
Company information
About FONDEN DBK
FONDEN DBK (CVR number: 62523417) is a company from KØGE. The company reported a net sales of 124.9 mDKK in 2023, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 2.2 mDKK), while net earnings were 218 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, 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 58.1 %, 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 DBK's liquidity measured by quick ratio was 12.4 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 130.76 | 127.58 | 129.99 | 124.21 | 124.94 |
Gross profit | 76.56 | 71.52 | 71.18 | 59.45 | 58.86 |
EBIT | -3.07 | -23.89 | 5.08 | -6.87 | 2.22 |
Net earnings | -5.60 | -25.88 | 3.98 | -9.40 | 0.22 |
Shareholders equity total | 85.81 | 60.53 | 65.12 | 57.48 | 57.41 |
Balance sheet total (assets) | 349.04 | 333.09 | 362.50 | 293.04 | 301.26 |
Net debt | 29.53 | 56.82 | |||
Profitability | |||||
EBIT-% | -2.3 % | -18.7 % | 3.9 % | -5.5 % | 1.8 % |
ROA | -0.8 % | -7.0 % | 1.5 % | -1.8 % | 1.1 % |
ROE | -6.3 % | -35.4 % | 6.3 % | -15.3 % | 0.4 % |
ROI | -1.2 % | -7.0 % | 1.5 % | -1.8 % | 1.0 % |
Economic value added (EVA) | -1.85 | -28.20 | 2.04 | -8.92 | -0.15 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 59.5 % | 58.1 % |
Gearing | 78.4 % | 99.0 % | |||
Relative net indebtedness % | 11.5 % | 25.6 % | |||
Liquidity | |||||
Quick ratio | 12.7 | 12.4 | |||
Current ratio | 12.9 | 12.8 | |||
Cash and cash equivalents | 15.54 | 0.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 417.0 | 459.6 | |||
Net working capital % | 107.6 % | 119.4 % | |||
Credit risk | |||||
Credit rating | BB | BBB |
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