FONDEN VESTERGÅRDEN
CVR: 53366910
The financial health of FONDEN VESTERGÅRDEN has significantly deteriorated in 2024, with a revenue increase to 10,396,209 DKK but a substantial loss of -12,284,994 DKK, marking a sharp decline from a profit of 1,409,683 DKK in 2023. Over the past few years, revenue has shown a steady upward trend, increasing from 8,339,873 DKK in 2020 to 10,396,209 DKK in 2024, but profitability has fluctuated dramatically, culminating in a negative profit margin in the latest year. The equity position remains relatively strong at 60,027,531 DKK, though it has decreased from 96,318,249 DKK in 2022, indicating potential concerns regarding sustainability and operational efficiency. As a player in the public housing rental sector, the company faces challenges in maintaining profitability while managing its equity and operational costs.
AI-generated summary
Overview
- Company type
- EFO
- Erhvervsdrivende fond
- Founded
- 16.10.1999
- Start date
- 21.6.1991
Details
- Employees
- 3 employees
- 1 FTE
- (2018)
- Capital
- 1.650.000 kr.
Contact
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Purpose
Fondens formål er at udleje fondens boliger for en sådan årlig leje, at fonden holdes skadesløs for de årlige driftsudgifter, kapitalafdrag og rimelige henlæggelser, hvorimod fonden ikke tilstræber erhvervsmæssig fortjeneste. Fondens formål er endvidere at fremme boligkulturelle og boligproduktive formål i Københavns kommune.
Location
Financials
| Year | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 2024 | 10.4 mio. | -12.3 mio. | 120.2 mio. | 60 mio. | 2 | |
History
Properties
(3)3 properties
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Management
Board
Production units (1)
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