FONDEN SELLING FORSAMLINGSHUS — Credit Rating and Financial Key Figures

CVR number: 78096810
Tåstrupvej 25, Selling 8370 Hadsten
kobberoe@gmail.com
tel: 21861112

Credit rating

Company information

Official name
FONDEN SELLING FORSAMLINGSHUS
Established
1999
Domicile
Selling
Industry

About FONDEN SELLING FORSAMLINGSHUS

FONDEN SELLING FORSAMLINGSHUS (CVR number: 78096810) is a company from FAVRSKOV. The company recorded a gross profit of 262.8 kDKK in 2023. The operating profit was 162.4 kDKK, while net earnings were 70.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 39.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FONDEN SELLING FORSAMLINGSHUS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales562.27462.24
Gross profit294.41248.44201.36189.00262.80
EBIT127.63140.60104.3190.00162.36
Net earnings66.0079.0550.5537.0070.73
Shareholders equity total1 075.751 154.791 205.351 243.001 313.31
Balance sheet total (assets)2 872.843 091.683 107.883 044.003 401.14
Net debt1 341.741 505.751 424.021 138.001 416.92
Profitability
EBIT-%22.7 %30.4 %
ROA4.4 %4.7 %3.4 %2.9 %5.0 %
ROE6.3 %7.1 %4.3 %3.0 %5.5 %
ROI4.5 %4.8 %3.5 %3.1 %5.5 %
Economic value added (EVA)-12.500.75-26.11-35.7919.32
Solvency
Equity ratio38.0 %37.8 %39.3 %41.2 %39.1 %
Gearing126.6 %130.6 %118.7 %92.3 %107.9 %
Relative net indebtedness %255.0 %341.0 %
Liquidity
Quick ratio0.20.10.10.40.2
Current ratio0.20.20.10.50.2
Cash and cash equivalents20.152.377.059.00
Capital use efficiency
Trade debtors turnover (days)1.5
Net working capital %-23.8 %-70.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.04%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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