FONDEN ARSENALET — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN ARSENALET
FONDEN ARSENALET (CVR number: 33864655) is a company from VIBORG. The company recorded a gross profit of 798.7 kDKK in 2023. The operating profit was -18.6 kDKK, while net earnings were -42.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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 ARSENALET'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 865.84 | 1 138.66 | 1 016.29 | 541.69 | 798.70 |
EBIT | 450.94 | 154.27 | 229.65 | - 167.95 | -18.60 |
Net earnings | 366.76 | 114.95 | 211.62 | - 179.72 | -42.89 |
Shareholders equity total | 1 529.82 | 1 614.77 | 1 626.39 | 1 280.30 | 1 220.57 |
Balance sheet total (assets) | 2 250.05 | 2 481.14 | 2 456.39 | 2 063.28 | 2 085.05 |
Net debt | -1 435.54 | -1 827.09 | -1 626.46 | -1 151.15 | -1 417.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.0 % | 6.5 % | 9.3 % | -7.4 % | -0.8 % |
ROE | 26.2 % | 7.3 % | 13.1 % | -12.4 % | -3.4 % |
ROI | 29.5 % | 8.7 % | 12.5 % | -10.2 % | -1.1 % |
Economic value added (EVA) | 301.87 | 42.91 | 138.06 | - 258.98 | -86.83 |
Solvency | |||||
Equity ratio | 68.0 % | 65.1 % | 66.2 % | 62.1 % | 59.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 3.1 | 3.1 | 2.6 | 2.6 |
Current ratio | 3.3 | 3.1 | 3.1 | 2.6 | 2.4 |
Cash and cash equivalents | 1 435.54 | 1 827.09 | 1 626.46 | 1 151.15 | 1 417.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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