Fjordinvest ApS — Credit Rating and Financial Key Figures

CVR number: 42905704
Algade 15, 6950 Ringkøbing
aaj@vestjyskel.dk

Credit rating

Company information

Official name
Fjordinvest ApS
Established
2021
Company form
Private limited company
Industry

About Fjordinvest ApS

Fjordinvest ApS (CVR number: 42905704) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 248.6 kDKK in 2023. The operating profit was 191.6 kDKK, while net earnings were 93.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 48.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Fjordinvest ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit255.47248.62
EBIT141.37191.57
Net earnings45.8393.35
Shareholders equity total145.83239.18
Balance sheet total (assets)3 487.493 310.97
Net debt3 088.132 908.75
Profitability
EBIT-%
ROA4.1 %5.6 %
ROE31.4 %48.5 %
ROI4.2 %5.8 %
Economic value added (EVA)110.27158.31
Solvency
Equity ratio4.2 %7.3 %
Gearing2222.7 %1224.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.0
Current ratio0.10.0
Cash and cash equivalents153.1519.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:5.64%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.30%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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