FONDEN BORGERSTIFTELSEN. VEJLE — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN BORGERSTIFTELSEN. VEJLE
FONDEN BORGERSTIFTELSEN. VEJLE (CVR number: 53501117) is a company from KOLDING. The company recorded a gross profit of 358 kDKK in 2023. The operating profit was 252.7 kDKK, while net earnings were -106.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was -6.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, 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 BORGERSTIFTELSEN. VEJLE's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 482.00 | 443.62 | 482.63 | 501.44 | 357.96 |
EBIT | 390.00 | 346.44 | 384.09 | 388.35 | 252.70 |
Net earnings | 164.00 | 125.79 | 142.91 | 153.79 | - 106.73 |
Shareholders equity total | 1 191.00 | 1 316.50 | 1 459.40 | 1 613.19 | 1 506.46 |
Balance sheet total (assets) | 6 125.00 | 6 151.44 | 6 308.32 | 6 157.01 | 6 050.45 |
Net debt | 4 191.00 | 4 010.82 | 3 800.81 | 3 807.48 | 3 894.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 5.7 % | 6.2 % | 6.2 % | 4.1 % |
ROE | 14.8 % | 10.0 % | 10.3 % | 10.0 % | -6.8 % |
ROI | 7.0 % | 6.1 % | 6.7 % | 6.7 % | 4.4 % |
Economic value added (EVA) | 224.38 | 184.89 | 222.41 | 133.55 | -9.90 |
Solvency | |||||
Equity ratio | 19.7 % | 21.7 % | 23.6 % | 26.4 % | 25.0 % |
Gearing | 379.9 % | 332.5 % | 295.6 % | 261.2 % | 280.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 1.4 | 1.7 | 1.5 |
Current ratio | 0.2 | 0.2 | 1.3 | 1.7 | 1.3 |
Cash and cash equivalents | 334.00 | 366.67 | 513.40 | 405.38 | 324.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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