The Why Foundation (Fond) — Credit Rating and Financial Key Figures
Credit rating
Company information
About The Why Foundation (Fond)
The Why Foundation (Fond) (CVR number: 33318391) is a company from KØBENHAVN. The company reported a net sales of 3.1 mDKK in 2024, demonstrating a decline of -42.4 % compared to the previous year. The operating profit percentage was poor at -42 % (EBIT: -1.3 mDKK), while net earnings were -1297.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.3 %, which can be considered poor and Return on Equity (ROE) was -65.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. The Why Foundation (Fond)'s liquidity measured by quick ratio was 1.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 899.00 | 12 988.00 | 3 321.00 | 5 353.16 | 3 085.29 |
Gross profit | 1 605.00 | 2 941.00 | - 564.00 | 222.78 | -1 029.20 |
EBIT | - 269.00 | 369.00 | - 757.00 | 80.56 | -1 296.35 |
Net earnings | - 439.00 | 495.00 | - 772.00 | 85.75 | -1 297.40 |
Shareholders equity total | 2 820.00 | 3 314.00 | 2 542.00 | 2 628.00 | 1 330.60 |
Balance sheet total (assets) | 5 481.00 | 4 390.00 | 3 429.00 | 4 216.24 | 3 033.37 |
Net debt | -2 163.90 | - 363.40 | |||
Profitability | |||||
EBIT-% | -9.3 % | 2.8 % | -22.8 % | 1.5 % | -42.0 % |
ROA | -5.0 % | 7.5 % | -19.4 % | 2.9 % | -35.3 % |
ROE | -14.4 % | 16.1 % | -26.4 % | 3.3 % | -65.5 % |
ROI | -5.0 % | 7.5 % | -19.4 % | 3.7 % | -64.6 % |
Economic value added (EVA) | - 432.76 | 227.29 | - 923.53 | -47.18 | -1 428.41 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 62.3 % | 43.9 % |
Gearing | |||||
Relative net indebtedness % | -10.8 % | 43.4 % | |||
Liquidity | |||||
Quick ratio | 2.7 | 1.8 | |||
Current ratio | 2.7 | 1.8 | |||
Cash and cash equivalents | 2 163.90 | 363.40 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.3 | 16.4 | |||
Net working capital % | 49.1 % | 43.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.