FONDEN AF 20. DECEMBER — Credit Rating and Financial Key Figures

CVR number: 85956116
Industrivej Vest 43, 6600 Vejen

Credit rating

Company information

Official name
FONDEN AF 20. DECEMBER
Personnel
8 persons
Established
1979
Industry
  • Expand more icon88Social work activities without accommodation

About FONDEN AF 20. DECEMBER

FONDEN AF 20. DECEMBER (CVR number: 85956116) is a company from VEJEN. The company recorded a gross profit of -162.2 kDKK in 2024. The operating profit was -947.2 kDKK, while net earnings were 61.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN AF 20. DECEMBER's liquidity measured by quick ratio was 2.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 123.81- 151.07- 171.79- 211.31- 162.22
EBIT- 808.81- 836.07- 956.79- 996.31- 947.22
Net earnings16 330.0752 808.14110 495.3175 036.2061 622.59
Shareholders equity total178 837.25230 645.40337 174.45407 979.30465 074.25
Balance sheet total (assets)205 704.03231 390.40338 024.45409 771.76466 256.03
Net debt26 113.29-22 537.27-2 126.23-1 995.69-2 961.87
Profitability
EBIT-%
ROA8.1 %24.2 %39.5 %20.4 %14.5 %
ROE9.5 %25.8 %38.9 %20.1 %14.1 %
ROI8.1 %24.3 %39.6 %20.5 %14.6 %
Economic value added (EVA)- 327.92554.19- 718.35-7 061.10-10 508.78
Solvency
Equity ratio86.9 %99.7 %99.7 %99.6 %99.7 %
Gearing14.6 %
Relative net indebtedness %
Liquidity
Quick ratio30.33.11.42.5
Current ratio30.33.11.42.5
Cash and cash equivalents22 537.272 126.231 995.692 961.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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