FJORDAGER SMEDE- OG MASKINFABRIK AF 1987 ApS — Credit Rating and Financial Key Figures

CVR number: 10087570
Biskorupvej 27, Biskorup 5240 Odense NØ
fsm@fsm.dk
tel: 28109193

Credit rating

Company information

Official name
FJORDAGER SMEDE- OG MASKINFABRIK AF 1987 ApS
Established
1986
Domicile
Biskorup
Company form
Private limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About FJORDAGER SMEDE- OG MASKINFABRIK AF 1987 ApS

FJORDAGER SMEDE- OG MASKINFABRIK AF 1987 ApS (CVR number: 10087570) is a company from ODENSE. The company recorded a gross profit of -16.1 kDKK in 2023. The operating profit was -16.1 kDKK, while net earnings were -207 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.4 %, which can be considered poor and Return on Equity (ROE) was -93.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.6 %, 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. FJORDAGER SMEDE- OG MASKINFABRIK AF 1987 ApS's liquidity measured by quick ratio was 1.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-45.87-41.01207.66-40.87-16.14
EBIT-67.73-62.43206.94-40.87-16.14
Net earnings-67.73-62.43103.21241.92- 207.02
Shareholders equity total42.69-19.7483.46325.39118.37
Balance sheet total (assets)115.0498.151 370.691 775.341 558.80
Net debt25.3180.39- 138.49- 350.00- 133.47
Profitability
EBIT-%
ROA-47.1 %-53.6 %27.8 %16.1 %-12.4 %
ROE-88.5 %-88.7 %113.7 %118.3 %-93.3 %
ROI-61.7 %-75.1 %29.6 %16.5 %-12.6 %
Economic value added (EVA)-70.31-63.88208.1323.8256.72
Solvency
Equity ratio37.1 %-16.7 %6.1 %18.3 %7.6 %
Gearing92.0 %-426.5 %1476.3 %438.0 %1204.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.11.11.21.1
Current ratio0.50.21.11.21.1
Cash and cash equivalents13.953.821 370.691 775.341 558.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-12.4%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.59%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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