KONGELUNDENS RIDECENTER FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About KONGELUNDENS RIDECENTER FOND
KONGELUNDENS RIDECENTER FOND (CVR number: 15205539) is a company from TÅRNBY. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a growth of 11.7 % compared to the previous year. The operating profit percentage was poor at -7.7 % (EBIT: -0.1 mDKK), while net earnings were -228.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.7 %, 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. KONGELUNDENS RIDECENTER FOND's liquidity measured by quick ratio was 1.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 583.55 | 634.00 | 641.00 | 613.00 | 684.91 |
Gross profit | 356.35 | 437.00 | 327.00 | 418.00 | 217.42 |
EBIT | 109.14 | 169.00 | 53.00 | 144.00 | -52.89 |
Net earnings | 84.05 | 142.00 | 33.00 | 142.00 | - 228.47 |
Shareholders equity total | 5 150.82 | 5 845.00 | 6 132.00 | 6 534.00 | 5 990.48 |
Balance sheet total (assets) | 6 416.47 | 7 274.00 | 7 470.00 | 7 844.00 | 7 520.23 |
Net debt | 375.80 | 296.00 | 27.00 | - 416.00 | 639.94 |
Profitability | |||||
EBIT-% | 18.7 % | 26.7 % | 8.3 % | 23.5 % | -7.7 % |
ROA | 1.8 % | 2.5 % | 0.7 % | 2.1 % | -0.5 % |
ROE | 1.8 % | 2.6 % | 0.6 % | 2.2 % | -3.6 % |
ROI | 1.9 % | 2.5 % | 0.7 % | 2.1 % | -0.5 % |
Economic value added (EVA) | - 170.68 | - 152.52 | - 302.34 | - 227.08 | - 426.99 |
Solvency | |||||
Equity ratio | 80.3 % | 80.4 % | 82.1 % | 83.3 % | 79.7 % |
Gearing | 22.9 % | 19.2 % | 17.4 % | 15.5 % | 15.9 % |
Relative net indebtedness % | 79.4 % | 62.0 % | 14.4 % | -52.5 % | 122.1 % |
Liquidity | |||||
Quick ratio | 8.3 | 5.4 | 8.6 | 9.4 | 1.2 |
Current ratio | 8.2 | 5.4 | 8.6 | 9.4 | 1.2 |
Cash and cash equivalents | 802.20 | 826.00 | 1 039.00 | 1 426.00 | 312.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 120.8 % | 106.6 % | 143.2 % | 208.0 % | 8.7 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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