FONDEN FOR TIDSSKRIFT FOR PRAKTISKLÆGEGERNING
Credit rating
Company information
About FONDEN FOR TIDSSKRIFT FOR PRAKTISKLÆGEGERNING
FONDEN FOR TIDSSKRIFT FOR PRAKTISKLÆGEGERNING (CVR number: 77403914) is a company from KØBENHAVN. The company reported a net sales of 7.1 mDKK in 2023, demonstrating a decline of -2.5 % compared to the previous year. The operating profit percentage was poor at -9.8 % (EBIT: -0.7 mDKK), while net earnings were -276.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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 FOR TIDSSKRIFT FOR PRAKTISKLÆGEGERNING's liquidity measured by quick ratio was 1.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 837.35 | 6 307.98 | 7 209.89 | 7 319.95 | 7 139.82 |
Gross profit | 4 329.81 | 3 858.85 | 4 897.89 | 4 963.95 | 4 782.04 |
EBIT | - 629.77 | -1 563.40 | - 227.85 | - 205.19 | - 699.08 |
Net earnings | - 279.86 | -1 506.94 | - 168.70 | -1 139.46 | - 276.10 |
Shareholders equity total | 9 950.41 | 8 443.47 | 8 274.76 | 6 885.30 | 6 609.20 |
Balance sheet total (assets) | 16 886.86 | 16 587.23 | 15 865.65 | 13 611.16 | 13 821.01 |
Net debt | -12 542.60 | -12 646.22 | -11 540.80 | -6 683.26 | -9 539.46 |
Profitability | |||||
EBIT-% | -9.2 % | -24.8 % | -3.2 % | -2.8 % | -9.8 % |
ROA | -1.7 % | -8.4 % | 0.6 % | 0.2 % | -2.0 % |
ROE | -2.8 % | -16.4 % | -2.0 % | -15.0 % | -4.1 % |
ROI | -2.8 % | -15.4 % | 1.1 % | 0.4 % | -4.0 % |
Economic value added (EVA) | - 515.94 | -1 433.14 | -16.66 | -41.07 | - 708.85 |
Solvency | |||||
Equity ratio | 58.9 % | 50.9 % | 52.2 % | 50.6 % | 47.8 % |
Gearing | |||||
Relative net indebtedness % | -82.0 % | -71.4 % | -54.8 % | 0.6 % | -32.6 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.7 | 1.8 | 1.7 | 1.6 |
Current ratio | 2.0 | 1.7 | 1.8 | 1.7 | 1.6 |
Cash and cash equivalents | 12 542.60 | 12 646.22 | 11 540.80 | 6 683.26 | 9 539.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.0 | 71.7 | 82.5 | 214.2 | 104.8 |
Net working capital % | -6.1 % | -22.6 % | -16.8 % | -18.5 % | -27.0 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BB |
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