FONDEN VEJGAARDHALLEN — Credit Rating and Financial Key Figures

CVR number: 24245594
Vejgård Torv 3, 9000 Aalborg

Credit rating

Company information

Official name
FONDEN VEJGAARDHALLEN
Established
1999
Industry

About FONDEN VEJGAARDHALLEN

FONDEN VEJGAARDHALLEN (CVR number: 24245594) is a company from AALBORG. The company recorded a gross profit of 72.6 kDKK in 2023. The operating profit was 22.7 kDKK, while net earnings were 17.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 8.9 %, 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 VEJGAARDHALLEN's liquidity measured by quick ratio was 4.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit61.5448.29130.3389.5472.59
EBIT18.32- 140.81- 192.9727.4122.66
Net earnings14.11- 110.23- 151.2020.9417.32
Shareholders equity total538.77428.54277.34298.28315.60
Balance sheet total (assets)3 756.783 625.543 479.343 512.843 539.25
Net debt2 776.433 022.303 126.623 013.433 023.55
Profitability
EBIT-%
ROA0.5 %-3.8 %-5.4 %0.8 %0.7 %
ROE2.7 %-22.8 %-42.8 %7.3 %5.6 %
ROI0.5 %-3.8 %-5.5 %0.8 %0.7 %
Economic value added (EVA)- 149.61- 276.82- 324.56- 150.01- 149.18
Solvency
Equity ratio14.3 %11.8 %8.0 %8.5 %8.9 %
Gearing590.2 %742.1 %1146.6 %1066.1 %1007.6 %
Relative net indebtedness %
Liquidity
Quick ratio22.911.85.36.24.5
Current ratio22.911.85.36.24.5
Cash and cash equivalents403.57157.7053.38166.57156.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.65%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.92%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.