FJORD SOL 8

FJORD SOL 8 (CVR number: 32297293) is a company from LOLLAND. The company recorded a gross profit of 721.3 kDKK in 2022. The operating profit was 615.3 kDKK, while net earnings were 593.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FJORD SOL 8's liquidity measured by quick ratio was 0.3 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.