FONDEN IAK-KOLLEGIET — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN IAK-KOLLEGIET
FONDEN IAK-KOLLEGIET (CVR number: 27109853) is a company from KØBENHAVN. The company reported a net sales of 3.9 mDKK in 2023, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 0.1 mDKK), while net earnings were 191.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN IAK-KOLLEGIET's liquidity measured by quick ratio was 13.9 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 | 3 528.65 | 3 598.88 | 3 670.31 | 3 756.70 | 3 883.86 |
Gross profit | 924.73 | 798.01 | 395.22 | 668.45 | 891.26 |
EBIT | 151.37 | 38.71 | - 368.41 | - 129.74 | 127.37 |
Net earnings | 151.37 | 22.50 | - 385.03 | - 134.68 | 191.54 |
Shareholders equity total | 66 872.32 | 66 894.82 | 66 509.99 | 66 375.31 | 66 566.85 |
Balance sheet total (assets) | 67 717.41 | 67 892.46 | 67 444.00 | 67 370.24 | 67 506.51 |
Net debt | -2 743.24 | -3 462.79 | -3 392.20 | -3 705.80 | -4 357.59 |
Profitability | |||||
EBIT-% | 4.3 % | 1.1 % | -10.0 % | -3.5 % | 3.3 % |
ROA | 0.2 % | 0.1 % | -0.5 % | -0.2 % | 0.3 % |
ROE | 0.2 % | 0.0 % | -0.6 % | -0.2 % | 0.3 % |
ROI | 0.2 % | 0.1 % | -0.5 % | -0.2 % | 0.3 % |
Economic value added (EVA) | -3 001.83 | -3 050.11 | -3 390.56 | -3 122.24 | -2 800.11 |
Solvency | |||||
Equity ratio | 98.8 % | 98.5 % | 98.6 % | 98.5 % | 98.6 % |
Gearing | |||||
Relative net indebtedness % | -53.8 % | -68.5 % | -67.0 % | -72.2 % | -88.0 % |
Liquidity | |||||
Quick ratio | 9.6 | 8.1 | 9.9 | 9.6 | 13.9 |
Current ratio | 9.6 | 8.1 | 9.9 | 9.6 | 13.9 |
Cash and cash equivalents | 2 743.24 | 3 462.79 | 3 392.20 | 3 705.80 | 4 357.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 71.6 % | 85.0 % | 84.6 % | 89.8 % | 104.8 % |
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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