FJORD SOL 4 — Credit Rating and Financial Key Figures

CVR number: 32297250
Abildgaardsgade 18, 2100 København Ø

Credit rating

Company information

Official name
FJORD SOL 4
Established
2013
Company form
Limited partnership
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About FJORD SOL 4

FJORD SOL 4 (CVR number: 32297250) is a company from KØBENHAVN. The company recorded a gross profit of 715.4 kDKK in 2023. The operating profit was 609.4 kDKK, while net earnings were 583.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FJORD SOL 4's liquidity measured by quick ratio was 0.5 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit663.38699.56670.35725.97715.40
EBIT557.38593.56564.35619.97609.40
Net earnings508.25562.55535.61597.63583.44
Shareholders equity total1 863.512 226.072 411.672 709.303 092.74
Balance sheet total (assets)3 691.893 652.023 467.833 514.723 301.53
Net debt1 765.901 285.91984.54448.60124.59
Profitability
EBIT-%
ROA14.9 %16.2 %15.9 %17.8 %17.9 %
ROE30.2 %27.5 %23.1 %23.3 %20.1 %
ROI15.0 %16.2 %15.9 %18.4 %18.5 %
Economic value added (EVA)485.12502.73458.70501.05480.94
Solvency
Equity ratio50.5 %61.0 %69.5 %77.1 %93.7 %
Gearing97.8 %63.3 %42.7 %22.2 %6.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.00.30.5
Current ratio0.00.10.00.30.5
Cash and cash equivalents56.00123.5745.10152.8176.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.7%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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