Fjordforbindelsen Frederikssund — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fjordforbindelsen Frederikssund
Fjordforbindelsen Frederikssund (CVR number: 37262749) is a company from FREDERIKSSUND. The company reported a net sales of 21.9 mDKK in 2021, demonstrating a growth of 25.7 % compared to the previous year. The operating profit percentage was at 605.1 % (EBIT: 132.8 mDKK), while net earnings were 71.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -0.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fjordforbindelsen Frederikssund's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 716.00 | 17 456.00 | 21 942.00 | ||
Gross profit | -7 836.00 | -9 373.00 | -6 556.00 | 10 055.00 | 1 118 015.00 |
EBIT | -8 652.00 | -10 205.00 | -9 800.00 | -7 987.00 | 132 773.00 |
Net earnings | -16 526.00 | -17 521.00 | -14 315.00 | -19 249.00 | 71 470.00 |
Shareholders equity total | -24 340.00 | -41 861.00 | -56 178.00 | -75 427.00 | -3 957.00 |
Balance sheet total (assets) | 964 200.00 | 951 327.00 | 1 014 973.00 | 984 415.00 | 1 123 350.00 |
Net debt | - 484 133.00 | - 363 493.00 | -7 921.00 | 1 049 045.00 | 1 117 702.00 |
Profitability | |||||
EBIT-% | -263.7 % | -45.8 % | 605.1 % | ||
ROA | -0.8 % | -1.0 % | -0.9 % | -0.7 % | 12.1 % |
ROE | -1.6 % | -1.8 % | -1.5 % | -1.9 % | 6.8 % |
ROI | -1.1 % | -1.2 % | -1.0 % | -0.8 % | 12.2 % |
Economic value added (EVA) | 30 345.67 | 15 974.35 | 11 368.06 | -3 910.17 | 84 640.79 |
Solvency | |||||
Equity ratio | -2.5 % | -4.2 % | -5.2 % | -7.1 % | -0.4 % |
Gearing | -51.4 % | -38.0 % | -30.3 % | -1395.2 % | -28271.4 % |
Relative net indebtedness % | 28153.9 % | 6052.7 % | 5133.1 % | ||
Liquidity | |||||
Quick ratio | 3.0 | 6.6 | 0.7 | 0.3 | 1.0 |
Current ratio | 3.0 | 6.6 | 0.7 | 0.3 | 1.0 |
Cash and cash equivalents | 496 642.00 | 379 394.00 | 24 953.00 | 3 285.00 | 998.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.7 | 4.0 | |||
Net working capital % | -371.2 % | -90.0 % | -19.1 % | ||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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