Fonden Jernstøberiet, Asaa-Vores Kulturfabrik
Credit rating
Company information
About Fonden Jernstøberiet, Asaa-Vores Kulturfabrik
Fonden Jernstøberiet, Asaa-Vores Kulturfabrik (CVR number: 41849630) is a company from Brønderslev. The company recorded a gross profit of -42.9 kDKK in 2023. The operating profit was -58.4 kDKK, while net earnings were -58 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, 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 68.8 %, 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. Fonden Jernstøberiet, Asaa-Vores Kulturfabrik's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -37.21 | 16.52 | 9.53 | -42.95 |
EBIT | -40.72 | 11.80 | 3.70 | -58.41 |
Net earnings | -40.81 | 11.16 | 3.43 | -58.02 |
Shareholders equity total | 709.19 | 731.85 | 1 741.27 | 1 694.26 |
Balance sheet total (assets) | 759.09 | 736.85 | 1 746.28 | 2 461.76 |
Net debt | - 216.18 | -74.78 | -1 086.46 | - 624.58 |
Profitability | ||||
EBIT-% | ||||
ROA | -5.4 % | 1.6 % | 0.3 % | -2.8 % |
ROE | -5.8 % | 1.5 % | 0.3 % | -3.4 % |
ROI | -5.7 % | 1.6 % | 0.3 % | -3.4 % |
Economic value added (EVA) | -40.72 | -12.97 | -29.32 | -91.31 |
Solvency | ||||
Equity ratio | 93.4 % | 99.3 % | 99.7 % | 68.8 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 4.5 | 16.8 | 218.8 | 1.1 |
Current ratio | 4.5 | 16.8 | 218.8 | 1.1 |
Cash and cash equivalents | 216.18 | 74.78 | 1 086.46 | 624.58 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | BB | BBB | BB |
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