FONDEN BUSINESS LF — Credit Rating and Financial Key Figures

CVR number: 33506929
Kidnakken 7, 4930 Maribo
info@businesslf.dk
tel: 70228901

Credit rating

Company information

Official name
FONDEN BUSINESS LF
Personnel
24 persons
Established
2011
Industry

About FONDEN BUSINESS LF

FONDEN BUSINESS LF (CVR number: 33506929) is a company from LOLLAND. The company reported a net sales of 26.6 mDKK in 2024, demonstrating a growth of 5 % compared to the previous year. The operating profit percentage was poor at -0.3 % (EBIT: -0.1 mDKK), while net earnings were 80.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 18.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FONDEN BUSINESS LF's liquidity measured by quick ratio was 3.7 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales25 202.0225 803.6625 980.7525 315.4026 576.81
Gross profit13 794.5015 157.4816 816.8216 049.3516 362.95
EBIT403.47272.88- 331.38155.81-70.15
Net earnings341.94157.49- 455.03179.5980.39
Shareholders equity total1 857.512 015.001 559.971 739.571 819.95
Balance sheet total (assets)32 161.0327 639.7528 455.8627 129.7827 496.96
Net debt-24 285.76-21 826.42-21 658.05-19 689.76-20 270.58
Profitability
EBIT-%1.6 %1.1 %-1.3 %0.6 %-0.3 %
ROA1.4 %0.9 %-1.2 %0.8 %0.4 %
ROE20.3 %8.1 %-25.5 %10.9 %4.5 %
ROI8.0 %4.9 %-14.1 %12.6 %5.7 %
Economic value added (EVA)658.491 676.75684.241 189.13853.76
Solvency
Equity ratio12.1 %20.5 %15.4 %17.6 %18.7 %
Gearing275.1 %4.2 %2.1 %2.0 %
Relative net indebtedness %3.6 %14.7 %19.9 %22.4 %20.2 %
Liquidity
Quick ratio2.63.93.53.43.7
Current ratio1.11.11.01.01.0
Cash and cash equivalents29 395.2521 826.4221 723.6719 725.7620 306.58
Capital use efficiency
Trade debtors turnover (days)3.73.93.84.12.4
Net working capital %9.6 %7.1 %4.0 %2.3 %4.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.38%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.7%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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