FONDEN ENGHAVEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN ENGHAVEN
FONDEN ENGHAVEN (CVR number: 53296416) is a company from KØBENHAVN. The company reported a net sales of 11.7 mDKK in 2023, demonstrating a growth of 4.9 % compared to the previous year. The operating profit percentage was poor at -108.4 % (EBIT: -12.7 mDKK), while net earnings were -11.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.4 %, 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 ENGHAVEN's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10 176.85 | 10 475.11 | 10 721.50 | 11 127.44 | 11 677.85 |
Gross profit | 3 368.51 | 4 239.34 | 2 928.99 | -10 433.30 | -10 145.03 |
EBIT | 1 121.71 | 1 918.30 | 574.17 | -12 862.90 | -12 657.28 |
Net earnings | - 165.00 | 495.79 | - 589.42 | -11 731.91 | -11 751.13 |
Shareholders equity total | 90 246.16 | 92 050.66 | 93 943.37 | 93 371.94 | 40 054.04 |
Balance sheet total (assets) | 183 156.38 | 188 334.07 | 188 199.02 | 214 967.38 | 146 424.78 |
Net debt | 39 522.81 | 40 371.89 | 41 517.28 | 54 294.68 | 70 774.12 |
Profitability | |||||
EBIT-% | 11.0 % | 18.3 % | 5.4 % | -115.6 % | -108.4 % |
ROA | 0.6 % | 1.0 % | 0.3 % | -6.4 % | -7.0 % |
ROE | -0.2 % | 0.5 % | -0.6 % | -12.5 % | -17.6 % |
ROI | 0.7 % | 1.2 % | 0.3 % | -6.8 % | -7.4 % |
Economic value added (EVA) | -7 151.20 | -6 404.56 | -7 820.96 | -18 424.74 | -19 909.75 |
Solvency | |||||
Equity ratio | 49.3 % | 49.0 % | 50.0 % | 43.5 % | 27.4 % |
Gearing | 43.8 % | 46.8 % | 45.9 % | 82.0 % | 191.4 % |
Relative net indebtedness % | 628.6 % | 612.4 % | 585.0 % | 624.8 % | 734.0 % |
Liquidity | |||||
Quick ratio | 0.0 | 0.2 | 0.1 | 2.3 | 0.7 |
Current ratio | 0.0 | 0.2 | 0.1 | 2.2 | 0.6 |
Cash and cash equivalents | 2 711.73 | 1 584.89 | 22 280.01 | 5 902.55 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.4 | 0.0 | 0.1 | 0.3 | 0.2 |
Net working capital % | -208.4 % | -154.5 % | -133.8 % | 112.8 % | -29.8 % |
Credit risk | |||||
Credit rating | A | AA | AA | A | BBB |
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