FJERRITSLEV ELEKTRO ApS — Credit Rating and Financial Key Figures

CVR number: 21801291
Industrivej 20, 9690 Fjerritslev

Credit rating

Company information

Official name
FJERRITSLEV ELEKTRO ApS
Personnel
2 persons
Established
1999
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About FJERRITSLEV ELEKTRO ApS

FJERRITSLEV ELEKTRO ApS (CVR number: 21801291) is a company from JAMMERBUGT. The company recorded a gross profit of 1047.2 kDKK in 2023. The operating profit was 99.6 kDKK, while net earnings were 46.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FJERRITSLEV ELEKTRO ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 010.121 039.131 200.471 014.021 047.23
EBIT- 159.04- 127.56116.24- 149.5499.61
Net earnings- 138.64- 113.1980.50- 134.4646.79
Shareholders equity total2 552.442 328.652 296.152 047.291 976.28
Balance sheet total (assets)3 365.013 322.013 168.083 047.662 702.00
Net debt- 156.54-85.01-93.79- 171.48- 138.68
Profitability
EBIT-%
ROA-4.2 %-3.7 %3.3 %-4.8 %3.5 %
ROE-5.2 %-4.6 %3.5 %-6.2 %2.3 %
ROI-5.0 %-4.4 %3.9 %-6.3 %5.0 %
Economic value added (EVA)- 254.16- 211.034.93- 209.34-18.39
Solvency
Equity ratio75.9 %70.1 %72.5 %67.2 %73.1 %
Gearing10.3 %21.8 %16.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.20.90.7
Current ratio3.73.23.12.63.2
Cash and cash equivalents418.73593.67476.92171.48138.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:3.47%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.1%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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