FONDEN BUSINESS KOLDING — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN BUSINESS KOLDING
FONDEN BUSINESS KOLDING (CVR number: 18746131) is a company from KOLDING. The company recorded a gross profit of 9500 kDKK in 2023. The operating profit was -1734 kDKK, while net earnings were -1745.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -69.8 %, which can be considered poor and Return on Equity (ROE) was -88.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. FONDEN BUSINESS KOLDING's liquidity measured by quick ratio was 3.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 753.39 | 13 008.20 | 10 323.59 | 9 826.89 | 9 499.97 |
EBIT | 842.93 | 2 498.26 | - 452.27 | -1 383.74 | -1 734.04 |
Net earnings | 605.12 | 923.47 | - 772.56 | -1 519.35 | -1 745.58 |
Shareholders equity total | 4 212.30 | 5 135.78 | 4 363.21 | 2 843.87 | 1 098.29 |
Balance sheet total (assets) | 7 651.48 | 9 377.63 | 5 973.35 | 3 514.74 | 1 453.48 |
Net debt | -2 066.01 | -3 207.50 | -3 839.21 | -1 189.74 | - 551.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.2 % | 29.5 % | -5.9 % | -29.2 % | -69.8 % |
ROE | 15.5 % | 19.8 % | -16.3 % | -42.2 % | -88.6 % |
ROI | 19.0 % | 43.9 % | -8.5 % | -38.4 % | -88.0 % |
Economic value added (EVA) | 574.68 | 1 731.23 | - 727.06 | -1 477.20 | -1 817.16 |
Solvency | |||||
Equity ratio | 55.1 % | 54.8 % | 73.0 % | 80.9 % | 75.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 3.0 | 3.6 | 5.0 | 3.6 |
Current ratio | 3.2 | 3.0 | 3.6 | 5.0 | 3.6 |
Cash and cash equivalents | 2 066.01 | 3 207.50 | 3 839.21 | 1 189.74 | 551.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BB | BB |
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