FJORD SOL 2 — Credit Rating and Financial Key Figures

CVR number: 32297234
Abildgaardsgade 18, 2100 København Ø

Credit rating

Company information

Official name
FJORD SOL 2
Established
2013
Company form
Limited partnership
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About FJORD SOL 2

FJORD SOL 2 (CVR number: 32297234) is a company from KØBENHAVN. The company recorded a gross profit of 731.5 kDKK in 2023. The operating profit was 606.8 kDKK, while net earnings were 580.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FJORD SOL 2's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit662.89702.47676.63727.10731.45
EBIT556.89596.47570.63621.09606.83
Net earnings507.80565.60541.96599.49580.87
Shareholders equity total1 850.222 215.822 457.782 957.273 238.14
Balance sheet total (assets)3 685.513 642.263 514.463 764.673 445.86
Net debt1 799.281 321.83963.16275.9263.33
Profitability
EBIT-%
ROA14.8 %16.3 %15.9 %17.1 %16.8 %
ROE30.6 %27.8 %23.2 %22.1 %18.8 %
ROI15.0 %16.4 %16.0 %17.6 %17.3 %
Economic value added (EVA)485.87504.47463.69500.93474.59
Solvency
Equity ratio50.2 %60.8 %69.9 %78.6 %94.0 %
Gearing98.3 %63.6 %41.9 %20.3 %6.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.61.2
Current ratio0.00.10.10.61.2
Cash and cash equivalents19.2887.6566.48325.49137.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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