FJORD SOL 5 — Credit Rating and Financial Key Figures

FJORD SOL 5 (CVR number: 32297269) is a company from LOLLAND. The company recorded a gross profit of 710 kDKK in 2023. The operating profit was 604 kDKK, while net earnings were 577.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FJORD SOL 5's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.