FONDEN RIBE VIKINGECENTER — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN RIBE VIKINGECENTER
FONDEN RIBE VIKINGECENTER (CVR number: 25184742) is a company from ESBJERG. The company reported a net sales of 11.8 mDKK in 2024, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 9.3 % (EBIT: 1.1 mDKK), while net earnings were 1278.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.6 %, 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 RIBE VIKINGECENTER's liquidity measured by quick ratio was 9.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 790.33 | 6 852.81 | 11 181.72 | 11 373.35 | 11 810.53 |
Gross profit | 7 078.96 | 7 426.96 | 10 282.27 | 12 250.31 | 11 985.89 |
EBIT | 88.79 | 1 052.53 | 2 769.66 | 2 413.45 | 1 095.16 |
Net earnings | 69.67 | 1 035.51 | 2 744.62 | 2 484.84 | 1 278.30 |
Shareholders equity total | 5 007.22 | 6 042.73 | 8 787.35 | 8 787.35 | 12 500.49 |
Balance sheet total (assets) | 7 293.70 | 9 734.55 | 12 656.39 | 21 947.76 | 22 489.56 |
Net debt | -3 959.76 | -1 384.41 | -6 167.61 | -11 180.03 | -8 684.97 |
Profitability | |||||
EBIT-% | 1.9 % | 15.4 % | 24.8 % | 21.2 % | 9.3 % |
ROA | 1.2 % | 12.4 % | 24.7 % | 14.1 % | 5.8 % |
ROE | 1.4 % | 18.7 % | 37.0 % | 28.3 % | 12.0 % |
ROI | 1.7 % | 17.9 % | 36.3 % | 24.4 % | 10.8 % |
Economic value added (EVA) | -2.81 | 999.90 | 2 535.58 | 2 331.37 | 1 093.04 |
Solvency | |||||
Equity ratio | 68.7 % | 62.1 % | 69.4 % | 40.0 % | 55.6 % |
Gearing | |||||
Relative net indebtedness % | -34.9 % | 33.7 % | -20.6 % | -4.0 % | 11.0 % |
Liquidity | |||||
Quick ratio | 2.2 | 3.3 | 4.4 | 5.2 | 9.2 |
Current ratio | 2.3 | 3.4 | 4.5 | 5.3 | 9.4 |
Cash and cash equivalents | 3 959.76 | 1 384.41 | 6 167.61 | 11 180.03 | 8 684.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.3 | 7.6 | 2.0 | 2.7 | 3.4 |
Net working capital % | 54.4 % | 69.8 % | 47.8 % | 84.6 % | 71.2 % |
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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