Fjordforbindelsen Frederikssund — Credit Rating and Financial Key Figures

CVR number: 37262749
Havnegade 2-4, 3600 Frederikssund
tel: 72443540
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Credit rating

Company information

Official name
Fjordforbindelsen Frederikssund
Established
2015
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales3 716.0017 456.0021 942.00
Gross profit-7 836.00-9 373.00-6 556.0010 055.001 118 015.00
EBIT-8 652.00-10 205.00-9 800.00-7 987.00132 773.00
Net earnings-16 526.00-17 521.00-14 315.00-19 249.0071 470.00
Shareholders equity total-24 340.00-41 861.00-56 178.00-75 427.00-3 957.00
Balance sheet total (assets)964 200.00951 327.001 014 973.00984 415.001 123 350.00
Net debt- 484 133.00- 363 493.00-7 921.001 049 045.001 117 702.00
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)30 345.6715 974.3511 368.06-3 910.1784 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 ratio3.06.60.70.31.0
Current ratio3.06.60.70.31.0
Cash and cash equivalents496 642.00379 394.0024 953.003 285.00998.00
Capital use efficiency
Trade debtors turnover (days)13.74.0
Net working capital %-371.2 %-90.0 %-19.1 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-0.35%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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