SØMÆNDENES BYGGEFOND I DANMARK — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØMÆNDENES BYGGEFOND I DANMARK
SØMÆNDENES BYGGEFOND I DANMARK (CVR number: 53276415) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 36.7 % compared to the previous year. The operating profit percentage was poor at -71.5 % (EBIT: -0.4 mDKK), while net earnings were 485.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØMÆNDENES BYGGEFOND I DANMARK's liquidity measured by quick ratio was 185.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 364.00 | 364.00 | 364.00 | 364.00 | 497.75 |
Gross profit | - 351.22 | - 281.69 | - 444.29 | - 592.81 | -73.79 |
EBIT | - 626.56 | - 597.03 | - 759.63 | - 868.15 | - 355.65 |
Net earnings | -1 014.66 | 687.02 | - 910.70 | -1 393.82 | 485.79 |
Shareholders equity total | 14 548.50 | 14 871.52 | 15 456.36 | 14 062.54 | 14 184.33 |
Balance sheet total (assets) | 16 472.81 | 15 444.83 | 15 497.86 | 14 497.92 | 14 343.15 |
Net debt | -9 553.53 | -8 690.86 | -8 080.81 | -7 024.22 | -7 633.26 |
Profitability | |||||
EBIT-% | -172.1 % | -164.0 % | -208.7 % | -238.5 % | -71.5 % |
ROA | -2.1 % | 3.7 % | -2.4 % | -5.7 % | 3.4 % |
ROE | -6.7 % | 4.7 % | -6.0 % | -9.4 % | 3.4 % |
ROI | -2.4 % | 4.0 % | -2.4 % | -5.8 % | 3.4 % |
Economic value added (EVA) | - 914.25 | - 941.99 | -1 070.21 | -1 238.78 | - 691.03 |
Solvency | |||||
Equity ratio | 88.3 % | 96.3 % | 99.7 % | 97.0 % | 98.9 % |
Gearing | |||||
Relative net indebtedness % | -2095.9 % | -2230.1 % | -2208.6 % | -1810.1 % | -1501.6 % |
Liquidity | |||||
Quick ratio | 5.0 | 15.2 | 215.6 | 18.6 | 185.4 |
Current ratio | 5.0 | 15.2 | 215.6 | 18.6 | 185.4 |
Cash and cash equivalents | 9 553.53 | 8 690.86 | 8 080.81 | 7 024.22 | 7 633.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -489.6 % | -109.9 % | 242.7 % | 209.5 % | 44.0 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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