FONDEN TIL FORSKØNNELSE AF LYNGBY-TAARBÆK KOMMUNE — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN TIL FORSKØNNELSE AF LYNGBY-TAARBÆK KOMMUNE
FONDEN TIL FORSKØNNELSE AF LYNGBY-TAARBÆK KOMMUNE (CVR number: 18025140) is a company from GLADSAXE. The company recorded a gross profit of 546.6 kDKK in 2023. The operating profit was -27.6 kDKK, while net earnings were -28.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.9 %, 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 TIL FORSKØNNELSE AF LYNGBY-TAARBÆK KOMMUNE's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 430.01 | 529.20 | 566.94 | 529.57 | 546.56 |
EBIT | - 171.09 | -86.12 | -54.91 | -51.01 | -27.61 |
Net earnings | - 133.45 | -25.22 | -47.25 | -40.96 | -28.48 |
Shareholders equity total | 504.48 | 434.02 | 386.77 | 345.81 | 317.34 |
Balance sheet total (assets) | 992.91 | 856.62 | 801.14 | 706.90 | 662.15 |
Net debt | - 644.41 | - 328.99 | - 417.25 | -77.47 | -43.53 |
Profitability | |||||
EBIT-% | |||||
ROA | -16.1 % | -9.3 % | -6.6 % | -6.8 % | -4.0 % |
ROE | -23.4 % | -5.4 % | -11.5 % | -11.2 % | -8.6 % |
ROI | -30.0 % | -18.4 % | -13.4 % | -13.9 % | -8.3 % |
Economic value added (EVA) | - 160.46 | -41.85 | -50.78 | -38.70 | -41.09 |
Solvency | |||||
Equity ratio | 50.8 % | 50.7 % | 48.3 % | 48.9 % | 47.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | 1.9 | 2.0 | 1.9 |
Current ratio | 1.9 | 1.9 | 1.9 | 2.0 | 1.9 |
Cash and cash equivalents | 644.41 | 328.99 | 417.25 | 77.47 | 43.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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