The Why Foundation (Fond) — Credit Rating and Financial Key Figures

The Why Foundation (Fond) (CVR number: 33318391) is a company from KØBENHAVN. The company reported a net sales of 5.4 mDKK in 2023, demonstrating a growth of 61.2 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 0.1 mDKK), while net earnings were 85.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. The Why Foundation (Fond)'s liquidity measured by quick ratio was 2.7 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.