Fjordbyernes VVS ApS — Credit Rating and Financial Key Figures

Fjordbyernes VVS ApS (CVR number: 37944122) is a company from EGEDAL. The company recorded a gross profit of 13.5 kDKK in 2023. The operating profit was -336.5 kDKK, while net earnings were -270.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -62.8 %, which can be considered poor and Return on Equity (ROE) was -91.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fjordbyernes VVS ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.