FJORD SKIBSHOLDING II A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FJORD SKIBSHOLDING II A/S
FJORD SKIBSHOLDING II A/S (CVR number: 31089824) is a company from HJØRRING. The company recorded a gross profit of -29 kDKK in 2023. The operating profit was -29 kDKK, while net earnings were 3000 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FJORD SKIBSHOLDING II A/S's liquidity measured by quick ratio was 95.8 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 | 32 856.00 | ||||
Gross profit | 11 511.00 | 25 254.00 | - 242.00 | - 319.00 | -29.00 |
EBIT | -7 047.00 | 15 235.00 | - 242.00 | - 319.00 | -29.00 |
Net earnings | -6 471.00 | 15 457.00 | 581.00 | 608.00 | 3 000.00 |
Shareholders equity total | 75 472.00 | 90 927.00 | 91 508.00 | 92 116.00 | 95 116.00 |
Balance sheet total (assets) | 77 353.00 | 91 573.00 | 91 586.00 | 92 654.00 | 96 119.00 |
Net debt | -1 589.00 | -79 241.00 | -77 606.00 | -78 411.00 | -82 389.00 |
Profitability | |||||
EBIT-% | -21.4 % | ||||
ROA | -7.8 % | 18.8 % | 0.7 % | 0.8 % | 4.1 % |
ROE | -8.2 % | 18.6 % | 0.6 % | 0.7 % | 3.2 % |
ROI | -7.9 % | 19.0 % | 0.7 % | 0.8 % | 4.1 % |
Economic value added (EVA) | -11 348.19 | 11 507.44 | - 825.30 | - 947.23 | - 698.68 |
Solvency | |||||
Equity ratio | 97.6 % | 99.3 % | 99.9 % | 99.4 % | 99.0 % |
Gearing | 1.6 % | 0.1 % | 0.3 % | 0.2 % | |
Relative net indebtedness % | -2.8 % | ||||
Liquidity | |||||
Quick ratio | 10.8 | 141.8 | 321.7 | 95.8 | |
Current ratio | 10.8 | 141.8 | 321.7 | 95.8 | |
Cash and cash equivalents | 2 814.00 | 79 319.00 | 77 606.00 | 78 674.00 | 82 562.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 56.3 % | ||||
Credit risk | |||||
Credit rating | A | BB | BB | BB | BB |
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