FONDEN ARENDAL — Credit Rating and Financial Key Figures

CVR number: 53275028
Dirch Passers Allé 76, 2000 Frederiksberg
info@deas.dk
tel: 70302020
http://www.fondenarendal.nu/

Credit rating

Company information

Official name
FONDEN ARENDAL
Personnel
6 persons
Established
1999
Industry
  • Expand more icon68Real estate activities

About FONDEN ARENDAL

FONDEN ARENDAL (CVR number: 53275028) is a company from FREDERIKSBERG. The company reported a net sales of 6 mDKK in 2023, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was poor at -166.5 % (EBIT: -10.1 mDKK), while net earnings were -8369.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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. FONDEN ARENDAL's liquidity measured by quick ratio was 2.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 467.155 592.185 745.765 881.646 037.80
Gross profit2 594.232 296.111 638.69-8 969.92-8 436.47
EBIT971.48548.60241.32-10 395.10-10 052.96
Net earnings351.78251.8415.42-8 565.57-8 369.25
Shareholders equity total141 701.12100 093.37103 979.74108 453.4964 081.92
Balance sheet total (assets)195 806.23142 678.00148 594.82173 425.56112 677.50
Net debt606.11- 349.9063.156 910.7715 728.77
Profitability
EBIT-%17.8 %9.8 %4.2 %-176.7 %-166.5 %
ROA0.6 %0.3 %0.2 %-6.4 %-7.0 %
ROE0.3 %0.2 %0.0 %-8.1 %-9.7 %
ROI0.6 %0.3 %0.2 %-6.6 %-7.1 %
Economic value added (EVA)-5 892.21-6 719.96-4 798.51-13 332.99-13 618.52
Solvency
Equity ratio72.4 %70.2 %70.1 %64.5 %57.7 %
Gearing5.0 %7.1 %6.8 %21.1 %35.2 %
Relative net indebtedness %197.8 %181.2 %202.1 %291.0 %429.5 %
Liquidity
Quick ratio2.93.22.77.22.6
Current ratio2.83.12.56.12.2
Cash and cash equivalents6 475.037 442.137 040.1715 958.246 801.64
Capital use efficiency
Trade debtors turnover (days)0.20.20.30.1
Net working capital %98.7 %122.2 %108.7 %278.8 %62.8 %
Credit risk
Credit ratingAAAAAAAABBB

Variable visualization

ROA:-6.99%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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