DEN KONGELIGE DANSKE BALLETS FOND — Credit Rating and Financial Key Figures

CVR number: 21516244
Esplanaden 40, 1263 København K
le@schur-group.com
tel: 33960000

Credit rating

Company information

Official name
DEN KONGELIGE DANSKE BALLETS FOND
Established
1999
Industry
  • Expand more icon88Social work activities without accommodation

About DEN KONGELIGE DANSKE BALLETS FOND

DEN KONGELIGE DANSKE BALLETS FOND (CVR number: 21516244) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 58.4 % compared to the previous year. The operating profit percentage was at 10.5 % (EBIT: 0.1 mDKK), while net earnings were 47.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. 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. DEN KONGELIGE DANSKE BALLETS FOND's liquidity measured by quick ratio was 4.1 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
20192020202120222023
Volume
Net sales250.00314.95499.00
Gross profit-21.16-25.1440.4274.3661.48
EBIT-21.16-25.1440.4266.8152.35
Net earnings-21.16-25.1433.4959.7347.81
Shareholders equity total313.60288.47321.96381.69429.50
Balance sheet total (assets)313.60288.47321.96421.69568.46
Net debt- 305.79- 279.09- 319.16- 417.38- 534.46
Profitability
EBIT-%16.2 %21.2 %10.5 %
ROA-6.5 %-8.3 %13.2 %18.0 %10.6 %
ROE-6.5 %-8.3 %11.0 %17.0 %11.8 %
ROI-6.5 %-8.3 %13.2 %19.0 %12.9 %
Economic value added (EVA)-21.41-24.0239.9566.6756.66
Solvency
Equity ratio100.0 %100.0 %100.0 %90.5 %75.6 %
Gearing
Relative net indebtedness %-127.7 %-119.8 %-79.3 %
Liquidity
Quick ratio10.54.1
Current ratio10.54.1
Cash and cash equivalents305.79279.09319.16417.38534.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %128.8 %121.2 %86.1 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.6%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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