KONGELUNDENS RIDECENTER FOND

CVR number: 15205539
Tømmerupvej 276, 2791 Dragør
krc@kongelunden.net
https://www.kongelunden.net

Credit rating

Company information

Official name
KONGELUNDENS RIDECENTER FOND
Established
1990
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About KONGELUNDENS RIDECENTER FOND

KONGELUNDENS RIDECENTER FOND (CVR number: 15205539) is a company from TÅRNBY. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -4.4 % compared to the previous year. The operating profit percentage was at 23.5 % (EBIT: 0.1 mDKK), while net earnings were 142.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KONGELUNDENS RIDECENTER FOND's liquidity measured by quick ratio was 9.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales586.72583.55634.00641.00612.55
Gross profit217.64356.35437.00327.00417.63
EBIT40.95109.14169.0053.00143.86
Net earnings23.0084.05142.0033.00142.18
Shareholders equity total4 236.495 150.825 845.006 132.006 534.22
Balance sheet total (assets)5 672.996 416.477 274.007 470.007 843.74
Net debt702.35375.80296.0027.00- 416.32
Profitability
EBIT-%7.0 %18.7 %26.7 %8.3 %23.5 %
ROA0.8 %1.8 %2.5 %0.7 %2.1 %
ROE0.6 %1.8 %2.6 %0.6 %2.2 %
ROI0.8 %1.9 %2.5 %0.7 %2.1 %
Economic value added (EVA)- 159.71- 118.46-59.14- 197.22- 111.28
Solvency
Equity ratio74.7 %80.3 %80.4 %82.1 %83.3 %
Gearing31.4 %22.9 %19.2 %17.4 %15.4 %
Relative net indebtedness %137.5 %79.4 %62.0 %14.4 %-52.6 %
Liquidity
Quick ratio2.58.35.48.69.4
Current ratio2.58.25.48.69.4
Cash and cash equivalents629.71802.20826.001 039.001 425.64
Capital use efficiency
Trade debtors turnover (days)4.9
Net working capital %66.3 %120.8 %106.6 %143.2 %208.2 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:2.09%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.3%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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