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FJORDVANG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FJORDVANG A/S
FJORDVANG A/S (CVR number: 12106513) is a company from FURESØ. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a growth of 54.6 % compared to the previous year. The operating profit percentage was poor at -30.4 % (EBIT: -0 mDKK), while net earnings were 49.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FJORDVANG A/S's liquidity measured by quick ratio was 42.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 82.60 | 127.70 | |||
| Gross profit | -41.23 | -18.72 | 11.88 | 49.35 | 61.23 |
| EBIT | -41.23 | -18.72 | -33.12 | -40.65 | -38.77 |
| Net earnings | -37.48 | -53.36 | 34.84 | 136.85 | 49.68 |
| Shareholders equity total | 968.88 | 915.52 | 950.36 | 1 087.21 | 3 136.90 |
| Balance sheet total (assets) | 999.51 | 936.53 | 1 020.86 | 1 167.32 | 3 163.76 |
| Net debt | - 872.88 | - 777.10 | - 960.84 | -1 076.50 | -1 150.36 |
| Profitability | |||||
| EBIT-% | -49.2 % | -30.4 % | |||
| ROA | -3.5 % | -1.6 % | 4.0 % | 12.7 % | 2.3 % |
| ROE | -3.8 % | -5.7 % | 3.7 % | 13.4 % | 2.4 % |
| ROI | -3.6 % | -1.7 % | 4.2 % | 13.6 % | 2.4 % |
| Economic value added (EVA) | -91.80 | -67.40 | -79.12 | -88.41 | -93.40 |
| Solvency | |||||
| Equity ratio | 96.9 % | 97.8 % | 93.1 % | 93.1 % | 99.2 % |
| Gearing | |||||
| Relative net indebtedness % | -1206.3 % | -879.8 % | |||
| Liquidity | |||||
| Quick ratio | 30.2 | 41.0 | 14.5 | 14.6 | 42.8 |
| Current ratio | 30.2 | 41.0 | 14.5 | 14.6 | 42.8 |
| Cash and cash equivalents | 872.88 | 777.10 | 960.84 | 1 076.50 | 1 150.36 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 82.3 % | 22.8 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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