FREDERIK VENDELBO FISKERI ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDERIK VENDELBO FISKERI ApS
FREDERIK VENDELBO FISKERI ApS (CVR number: 36416459) is a company from LEMVIG. The company recorded a gross profit of 1127.6 kDKK in 2023. The operating profit was -232.6 kDKK, while net earnings were -82.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FREDERIK VENDELBO FISKERI ApS's liquidity measured by quick ratio was 9.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 608.22 | 5 902.85 | 7 204.00 | 75.37 | 1 127.61 |
EBIT | 94.02 | 1 181.65 | 6 141.65 | -4 297.03 | - 232.64 |
Net earnings | - 648.73 | 142.45 | 4 610.88 | -2 954.98 | -82.60 |
Shareholders equity total | 1 078.50 | 1 220.94 | 5 831.83 | 2 876.84 | 2 794.24 |
Balance sheet total (assets) | 39 604.35 | 33 716.92 | 23 198.44 | 18 522.17 | 13 552.73 |
Net debt | -7 786.66 | -5 547.31 | -1 610.93 | -2 009.22 | -2 266.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.6 % | 3.4 % | 23.2 % | -16.1 % | 3.3 % |
ROE | -46.2 % | 12.4 % | 130.8 % | -67.9 % | -2.9 % |
ROI | 0.6 % | 3.5 % | 24.4 % | -25.5 % | 14.9 % |
Economic value added (EVA) | 184.03 | 1 277.55 | 4 937.56 | -3 120.12 | 260.54 |
Solvency | |||||
Equity ratio | 2.7 % | 3.6 % | 25.1 % | 15.5 % | 20.6 % |
Gearing | 33.4 % | 17.0 % | 1.6 % | 1.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 22.2 | 2.4 | 3.2 | 21.5 | 9.3 |
Current ratio | 22.2 | 2.4 | 3.2 | 21.5 | 9.3 |
Cash and cash equivalents | 8 147.29 | 5 754.52 | 1 706.97 | 2 054.66 | 2 266.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | BB | BBB |
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