FONDEN FOR BRØRUP SPAREKASSE — Credit Rating and Financial Key Figures

CVR number: 33255691
Kaj Munks Vej 4, 7400 Herning

Company information

Official name
FONDEN FOR BRØRUP SPAREKASSE
Established
2010
Industry

About FONDEN FOR BRØRUP SPAREKASSE

FONDEN FOR BRØRUP SPAREKASSE (CVR number: 33255691) is a company from HERNING. The company recorded a gross profit of -121.1 kDKK in 2021. The operating profit was -121.1 kDKK, while net earnings were -132.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.6 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN FOR BRØRUP SPAREKASSE's liquidity measured by quick ratio was 30.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-33.0836.19-67.24-63.99- 121.08
EBIT-33.0836.19-67.24-63.99- 121.08
Net earnings-50.2516.54-77.82-77.03- 132.39
Shareholders equity total1 700.271 716.801 638.981 455.961 007.74
Balance sheet total (assets)2 106.892 181.621 663.991 489.111 041.88
Net debt385.59-1 769.11-1 613.98-1 489.11-1 041.88
Profitability
EBIT-%
ROA-1.6 %1.7 %-3.5 %-4.1 %-9.6 %
ROE-2.9 %1.0 %-4.6 %-5.0 %-10.7 %
ROI-1.6 %1.7 %-3.6 %-4.1 %-9.8 %
Economic value added (EVA)- 121.04-49.25-43.89-15.00-69.16
Solvency
Equity ratio80.7 %78.7 %98.5 %97.8 %96.7 %
Gearing22.7 %24.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.766.644.930.5
Current ratio4.766.644.930.5
Cash and cash equivalents2 181.621 613.981 489.111 041.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBCB

Variable visualization

ROA:-9.57%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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