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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 0.1 mDKK in 2025, demonstrating a decline of -44.9 % compared to the previous year. The operating profit percentage was at 86.2 % (EBIT: 0.1 mDKK), while net earnings were 108.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74 %, 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 16.6 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 508.97 | 829.41 | - 454.05 | 246.79 | 135.99 |
| Gross profit | 502.10 | 821.90 | - 462.35 | 227.57 | 117.26 |
| EBIT | 502.10 | 821.90 | - 462.35 | 227.57 | 117.26 |
| Net earnings | 459.90 | 778.36 | - 497.48 | 209.72 | 108.34 |
| Shareholders equity total | 1 896.98 | 2 560.94 | 1 945.66 | 2 080.39 | 1 688.73 |
| Balance sheet total (assets) | 3 620.68 | 4 205.61 | 2 568.00 | 2 741.30 | 2 282.09 |
| Net debt | 1 537.05 | 1 364.33 | 537.07 | - 739.21 | - 699.93 |
| Profitability | |||||
| EBIT-% | 98.6 % | 99.1 % | 92.2 % | 86.2 % | |
| ROA | 15.2 % | 21.1 % | -13.2 % | 8.7 % | 5.2 % |
| ROE | 26.7 % | 34.9 % | -22.1 % | 10.4 % | 5.7 % |
| ROI | 15.8 % | 21.6 % | -13.3 % | 8.9 % | 5.3 % |
| Economic value added (EVA) | 367.83 | 662.87 | - 661.96 | 111.63 | -9.16 |
| Solvency | |||||
| Equity ratio | 52.4 % | 60.9 % | 75.8 % | 75.9 % | 74.0 % |
| Gearing | 82.9 % | 63.4 % | 29.3 % | 28.2 % | 32.4 % |
| Relative net indebtedness % | 331.6 % | 167.1 % | -129.9 % | -269.3 % | -480.7 % |
| Liquidity | |||||
| Quick ratio | 1.4 | 1.8 | 2.8 | 9.6 | 16.6 |
| Current ratio | 1.4 | 1.8 | 2.8 | 9.6 | 16.6 |
| Cash and cash equivalents | 36.19 | 258.80 | 32.40 | 1 325.63 | 1 247.04 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 49.3 % | 46.5 % | -49.4 % | 562.1 % | 335.9 % |
| Credit risk | |||||
| Credit rating | AA | AA | A | A | AA |
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