FONDEN SERMERSOOQ ERHVERVSRÅD — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN SERMERSOOQ ERHVERVSRÅD
FONDEN SERMERSOOQ ERHVERVSRÅD (CVR number: 12738315) is a company from SERMERSOOQ. The company reported a net sales of 0.1 mDKK in 2020, demonstrating a decline of -99.3 % compared to the previous year. The operating profit percentage was poor at -308.9 % (EBIT: -0.2 mDKK), while net earnings were -246.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.6 %, which can be considered poor and Return on Equity (ROE) was -125.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.2 %, 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 SERMERSOOQ ERHVERVSRÅD's liquidity measured by quick ratio was 1.9 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 financials2018 | 2019 | 2020 | |
---|---|---|---|
Volume | |||
Net sales | 13 394.47 | 10 763.02 | 79.44 |
Gross profit | 4 749.55 | 3 985.30 | - 202.05 |
EBIT | 355.82 | - 369.93 | - 245.36 |
Net earnings | 240.44 | - 385.00 | - 246.52 |
Shareholders equity total | 704.24 | 319.24 | 72.72 |
Balance sheet total (assets) | 1 795.23 | 1 622.48 | 153.99 |
Net debt | -1 076.72 | -1 167.20 | - 153.99 |
Profitability | |||
EBIT-% | 2.7 % | -3.4 % | -308.9 % |
ROA | 19.8 % | -21.6 % | -27.6 % |
ROE | 34.1 % | -75.2 % | -125.8 % |
ROI | 50.5 % | -70.8 % | -118.6 % |
Economic value added (EVA) | 240.44 | - 353.60 | - 201.65 |
Solvency | |||
Equity ratio | 39.2 % | 19.7 % | 47.2 % |
Gearing | 6.8 % | ||
Relative net indebtedness % | 0.1 % | 1.1 % | -91.5 % |
Liquidity | |||
Quick ratio | 1.3 | 1.0 | 1.9 |
Current ratio | 1.3 | 1.0 | 1.9 |
Cash and cash equivalents | 1 076.72 | 1 189.01 | 153.99 |
Capital use efficiency | |||
Trade debtors turnover (days) | 1.3 | 5.5 | |
Net working capital % | 2.8 % | 0.5 % | 91.5 % |
Credit risk | |||
Credit rating | BB | BBB | B |
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