WILLIAM O. BERNTSENS FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About WILLIAM O. BERNTSENS FOND
WILLIAM O. BERNTSENS FOND (CVR number: 20599146) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -54.4 % compared to the previous year. The operating profit percentage was poor at -708.6 % (EBIT: -3.3 mDKK), while net earnings were 4751.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.8 %, 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. WILLIAM O. BERNTSENS FOND's liquidity measured by quick ratio was 30.1 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 | 2 166.43 | 1 178.42 | 1 692.87 | 1 030.71 | 469.61 |
Gross profit | - 356.96 | -1 133.53 | 6 341.88 | -1 333.33 | -1 171.64 |
EBIT | -2 835.40 | -3 626.89 | 4 541.80 | -3 328.34 | -3 327.44 |
Net earnings | 884.83 | -10 018.97 | - 626.91 | -22 252.85 | 4 751.71 |
Shareholders equity total | 155 723.03 | 145 904.07 | 142 923.24 | 117 995.02 | 122 661.72 |
Balance sheet total (assets) | 216 699.39 | 204 823.80 | 184 083.46 | 157 797.13 | 161 812.88 |
Net debt | -24 415.24 | -10 113.38 | -44 168.11 | -28 436.48 | -32 150.81 |
Profitability | |||||
EBIT-% | -130.9 % | -307.8 % | 268.3 % | -322.9 % | -708.6 % |
ROA | 0.8 % | 3.9 % | 17.3 % | 2.9 % | 3.7 % |
ROE | 0.6 % | -6.6 % | -0.4 % | -17.1 % | 3.9 % |
ROI | 0.8 % | -4.4 % | -1.2 % | -6.3 % | 3.8 % |
Economic value added (EVA) | -8 213.69 | -9 133.33 | -2 852.02 | -7 303.57 | -7 808.22 |
Solvency | |||||
Equity ratio | 71.9 % | 71.2 % | 77.6 % | 74.8 % | 75.8 % |
Gearing | 33.2 % | 35.8 % | 25.8 % | 30.8 % | 30.1 % |
Relative net indebtedness % | -1101.1 % | -804.9 % | -2574.3 % | -2633.5 % | -6595.3 % |
Liquidity | |||||
Quick ratio | 40.1 | 17.3 | 78.7 | 42.2 | 30.1 |
Current ratio | 40.1 | 17.3 | 78.7 | 42.2 | 30.1 |
Cash and cash equivalents | 76 115.18 | 62 313.13 | 80 999.05 | 64 797.49 | 69 114.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 54.4 | 213.6 | 39.9 | 120.1 | |
Net working capital % | 796.5 % | 789.7 % | 1488.6 % | 640.7 % | 6246.4 % |
Credit risk | |||||
Credit rating | AAA | A | AA | A | AA |
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