FONDEN CIRKUSFABRIKKEN — Credit Rating and Financial Key Figures

CVR number: 33642083
Skivevej 88, 7870 Roslev

Credit rating

Company information

Official name
FONDEN CIRKUSFABRIKKEN
Established
2014
Industry

About FONDEN CIRKUSFABRIKKEN

FONDEN CIRKUSFABRIKKEN (CVR number: 33642083) is a company from SKIVE. The company recorded a gross profit of 638.7 kDKK in 2024. The operating profit was 103.7 kDKK, while net earnings were 39.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FONDEN CIRKUSFABRIKKEN's liquidity measured by quick ratio was 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit161.96245.65161.77461.07638.68
EBIT-76.73-38.25- 177.18105.37103.67
Net earnings- 116.29-70.29- 182.4336.4039.19
Shareholders equity total1 286.441 216.151 033.721 070.121 109.31
Balance sheet total (assets)3 044.112 850.502 763.714 042.924 419.16
Net debt1 064.18869.63961.88962.041 219.27
Profitability
EBIT-%
ROA-2.5 %-0.6 %-6.3 %3.1 %2.5 %
ROE-8.6 %-5.6 %-16.2 %3.5 %3.6 %
ROI-2.8 %-0.7 %-7.6 %4.6 %4.3 %
Economic value added (EVA)- 203.37- 164.78- 261.52-30.92-34.78
Solvency
Equity ratio42.3 %42.7 %37.4 %26.5 %25.5 %
Gearing84.7 %73.6 %95.5 %92.3 %112.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.30.1
Current ratio0.10.10.20.30.1
Cash and cash equivalents25.5025.5025.5025.5025.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.49%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.5%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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