Fjordbak Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fjordbak Holding ApS
Fjordbak Holding ApS (CVR number: 39162539) is a company from AALBORG. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a growth of -154.4 % compared to the previous year. The operating profit percentage was at 92.2 % (EBIT: 0.2 mDKK), while net earnings were 209.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Fjordbak Holding ApS's liquidity measured by quick ratio was 9.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 683.43 | 650.49 | 508.97 | 829.41 | - 454.05 |
Gross profit | 675.18 | 642.99 | 502.10 | 821.90 | - 462.35 |
EBIT | 675.18 | 642.99 | 502.10 | 821.90 | - 462.35 |
Net earnings | 630.92 | 601.57 | 459.90 | 778.36 | - 497.48 |
Shareholders equity total | 1 059.11 | 1 550.08 | 1 896.98 | 2 560.94 | 1 945.66 |
Balance sheet total (assets) | 3 065.42 | 3 076.33 | 3 620.68 | 4 205.61 | 2 568.00 |
Net debt | 1 177.86 | 910.73 | 1 537.05 | 1 364.33 | 537.07 |
Profitability | |||||
EBIT-% | 98.8 % | 98.8 % | 98.6 % | 99.1 % | |
ROA | 27.0 % | 21.2 % | 15.2 % | 21.1 % | -13.2 % |
ROE | 79.1 % | 46.1 % | 26.7 % | 34.9 % | -22.1 % |
ROI | 28.8 % | 22.2 % | 15.8 % | 21.6 % | -13.3 % |
Economic value added (EVA) | 696.80 | 685.40 | 487.98 | 835.82 | - 422.11 |
Solvency | |||||
Equity ratio | 34.6 % | 50.4 % | 52.4 % | 60.9 % | 75.8 % |
Gearing | 173.0 % | 91.8 % | 82.9 % | 63.4 % | 29.3 % |
Relative net indebtedness % | 197.8 % | 155.8 % | 331.6 % | 167.1 % | -129.9 % |
Liquidity | |||||
Quick ratio | 1.6 | 4.4 | 1.4 | 1.8 | 2.8 |
Current ratio | 1.6 | 4.4 | 1.4 | 1.8 | 2.8 |
Cash and cash equivalents | 654.73 | 513.00 | 36.19 | 258.80 | 32.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 77.9 % | 195.7 % | 49.3 % | 46.5 % | -49.4 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | BB |
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