FJORDHAUGE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27016227
Tårup Udlod 3, Tårup Udlod 5591 Gelsted

Credit rating

Company information

Official name
FJORDHAUGE HOLDING ApS
Established
2003
Domicile
Tårup Udlod
Company form
Private limited company
Industry

About FJORDHAUGE HOLDING ApS

FJORDHAUGE HOLDING ApS (CVR number: 27016227) is a company from MIDDELFART. The company reported a net sales of 0.3 mDKK in 2022, demonstrating a decline of -52.2 % compared to the previous year. The operating profit percentage was at 97.4 % (EBIT: 0.3 mDKK), while net earnings were 310.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 46.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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. FJORDHAUGE HOLDING ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales94.74157.30227.85664.47317.60
Gross profit87.74150.30220.23656.85309.48
EBIT87.74150.30220.23656.85309.48
Net earnings87.74147.76219.29668.34310.25
Shareholders equity total- 527.90- 380.14- 160.85507.49817.75
Balance sheet total (assets)2.270.0613.58800.371 150.21
Net debt146.64150.70167.36175.19109.12
Profitability
EBIT-%92.6 %95.5 %96.7 %98.9 %97.4 %
ROA15.3 %33.0 %79.4 %134.8 %31.7 %
ROE3871.9 %12677.9 %3214.5 %256.5 %46.8 %
ROI15.5 %33.9 %82.7 %154.5 %38.5 %
Economic value added (EVA)118.79176.94239.33677.32329.93
Solvency
Equity ratio-99.6 %-100.0 %-92.2 %63.4 %71.1 %
Gearing-28.2 %-39.7 %-104.1 %34.5 %13.4 %
Relative net indebtedness %164.9 %105.4 %76.5 %44.1 %104.7 %
Liquidity
Quick ratio0.00.00.00.71.0
Current ratio0.00.00.00.71.0
Cash and cash equivalents2.270.060.060.060.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-164.9 %-105.4 %-76.5 %-9.0 %0.7 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:31.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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