SPAREKASSEN BORNHOLMS FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPAREKASSEN BORNHOLMS FOND
SPAREKASSEN BORNHOLMS FOND (CVR number: 15106891) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 281.5 kDKK in 2023. The operating profit was -758.3 kDKK, while net earnings were 12.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SPAREKASSEN BORNHOLMS FOND's liquidity measured by quick ratio was 11.2 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 | - 369.19 | - 230.89 | 608.49 | 4 046.67 | 281.47 |
EBIT | - 632.68 | - 388.46 | - 423.13 | 2 833.77 | - 758.30 |
Net earnings | 9 060.07 | 9 368.50 | 16 295.18 | -12 424.16 | 12 274.34 |
Shareholders equity total | 142 775.22 | 146 688.91 | 156 814.60 | 141 280.14 | 151 709.10 |
Balance sheet total (assets) | 152 541.80 | 159 000.87 | 170 709.13 | 154 993.61 | 164 710.39 |
Net debt | - 131 433.37 | - 136 994.51 | - 146 881.43 | - 135 137.55 | - 144 739.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.4 % | 6.1 % | 10.5 % | 2.3 % | 7.9 % |
ROE | 6.6 % | 6.5 % | 10.7 % | -8.3 % | 8.4 % |
ROI | 12.2 % | 6.6 % | 11.4 % | 2.5 % | 8.6 % |
Economic value added (EVA) | 241.00 | 832.30 | 899.78 | 4 743.13 | 1 046.40 |
Solvency | |||||
Equity ratio | 93.6 % | 92.3 % | 91.9 % | 91.2 % | 92.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.5 | 11.2 | 10.6 | 9.9 | 11.2 |
Current ratio | 13.5 | 11.2 | 10.6 | 9.9 | 11.2 |
Cash and cash equivalents | 131 433.37 | 136 994.51 | 146 881.43 | 135 137.55 | 144 739.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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