CENTER FOR ERHVERVSFORSKNING - FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About CENTER FOR ERHVERVSFORSKNING - FOND
CENTER FOR ERHVERVSFORSKNING - FOND (CVR number: 14279148) is a company from HERNING. The company recorded a gross profit of -21.9 kDKK in 2023. The operating profit was -21.9 kDKK, while net earnings were 31.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CENTER FOR ERHVERVSFORSKNING - FOND's liquidity measured by quick ratio was 42.4 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 | -9.56 | -32.59 | -29.55 | -17.49 | -21.88 |
EBIT | -9.56 | -32.59 | -29.55 | -17.49 | -21.88 |
Net earnings | 27.99 | -10.42 | 20.54 | -93.92 | 31.09 |
Shareholders equity total | 672.91 | 662.49 | 683.03 | 589.11 | 620.20 |
Balance sheet total (assets) | 678.03 | 685.74 | 711.21 | 602.93 | 635.19 |
Net debt | - 677.93 | - 683.53 | - 707.64 | - 601.88 | - 634.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.2 % | -1.5 % | 3.0 % | -2.7 % | 5.0 % |
ROE | 4.2 % | -1.6 % | 3.1 % | -14.8 % | 5.1 % |
ROI | 4.2 % | -1.6 % | 3.1 % | -2.8 % | 5.1 % |
Economic value added (EVA) | -9.38 | -32.33 | -28.50 | -16.26 | -21.24 |
Solvency | |||||
Equity ratio | 99.2 % | 96.6 % | 96.0 % | 97.7 % | 97.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 132.4 | 29.5 | 25.2 | 43.6 | 42.4 |
Current ratio | 132.4 | 29.5 | 25.2 | 43.6 | 42.4 |
Cash and cash equivalents | 677.93 | 683.53 | 707.64 | 601.88 | 634.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | B |
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