FJORD-VEST A/S — Credit Rating and Financial Key Figures

CVR number: 31889596
Ashøjvej 10, 7760 Hurup Thy

Credit rating

Company information

Official name
FJORD-VEST A/S
Established
2008
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About FJORD-VEST A/S

FJORD-VEST A/S (CVR number: 31889596) is a company from THISTED. The company recorded a gross profit of 3148.7 kDKK in 2022. The operating profit was 624.6 kDKK, while net earnings were 282.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61.6 %, 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. FJORD-VEST A/S's liquidity measured by quick ratio was 0.6 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
20182019202020212022
Volume
Net sales
Gross profit104.755 774.653 467.741 654.453 148.71
EBIT-2 651.283 105.06514.65-1 963.14624.56
Net earnings-2 308.262 312.33154.62-1 626.86282.86
Shareholders equity total5 661.327 973.658 128.276 501.416 784.27
Balance sheet total (assets)13 446.8315 564.7917 395.8816 616.7711 005.91
Net debt5 228.523 354.225 315.966 481.141 938.77
Profitability
EBIT-%
ROA-18.1 %21.9 %3.3 %-11.3 %4.9 %
ROE-33.9 %33.9 %1.9 %-22.2 %4.3 %
ROI-20.0 %25.8 %4.0 %-13.3 %5.7 %
Economic value added (EVA)-1 859.822 878.18648.68-1 373.41182.05
Solvency
Equity ratio42.1 %51.2 %46.7 %39.1 %61.6 %
Gearing92.4 %42.1 %65.4 %99.7 %28.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.10.6
Current ratio0.71.01.00.82.5
Cash and cash equivalents15.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBBA

Variable visualization

ROA:4.91%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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