Fjordvejen ApS — Credit Rating and Financial Key Figures

CVR number: 25297288
Fabers Alle 24, 5300 Kerteminde
finn@munkebokro.dk
tel: 22115015

Company information

Official name
Fjordvejen ApS
Established
2000
Company form
Private limited company
Industry

About Fjordvejen ApS

Fjordvejen ApS (CVR number: 25297288) is a company from KERTEMINDE. The company recorded a gross profit of 1170.7 kDKK in 2023. The operating profit was 809.4 kDKK, while net earnings were 245.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 31.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fjordvejen ApS's liquidity measured by quick ratio was 2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit776.72756.611 006.961 241.211 170.68
EBIT454.10432.31681.36914.40809.36
Net earnings224.06212.41412.12498.29245.49
Shareholders equity total2 691.592 904.003 316.113 814.414 059.89
Balance sheet total (assets)12 674.3512 368.5512 664.8012 737.4912 867.71
Net debt7 106.617 521.646 330.025 677.845 053.01
Profitability
EBIT-%
ROA3.6 %3.5 %5.4 %7.2 %6.3 %
ROE8.7 %7.6 %13.3 %14.0 %6.2 %
ROI3.6 %3.5 %5.5 %7.3 %6.5 %
Economic value added (EVA)- 135.42- 130.6032.13240.01119.58
Solvency
Equity ratio21.2 %23.5 %26.2 %29.9 %31.6 %
Gearing327.8 %287.0 %236.5 %194.2 %171.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.82.02.82.0
Current ratio2.82.82.02.82.0
Cash and cash equivalents1 716.15812.441 513.801 729.861 927.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:6.32%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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