Fjordside Invest ApS — Credit Rating and Financial Key Figures

CVR number: 40506586
Alkjærhøj 2, 6950 Ringkøbing
nf@c-wiese.dk
tel: 25215751

Credit rating

Company information

Official name
Fjordside Invest ApS
Established
2019
Company form
Private limited company
Industry

About Fjordside Invest ApS

Fjordside Invest ApS (CVR number: 40506586) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -9.4 kDKK in 2024. The operating profit was -9.4 kDKK, while net earnings were 167.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 31.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. Fjordside Invest ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-3.75-3.99-4.42-7.10-9.40
EBIT-3.75-3.99-4.42-7.10-9.40
Net earnings107.81127.56109.34156.30167.06
Shareholders equity total138.54266.10318.24474.54580.60
Balance sheet total (assets)512.17601.341 646.341 514.801 521.72
Net debt358.46230.90144.99110.4721.96
Profitability
EBIT-%
ROA26.1 %26.9 %13.1 %12.6 %13.2 %
ROE127.4 %63.0 %37.4 %39.4 %31.7 %
ROI26.3 %27.1 %24.4 %33.1 %32.8 %
Economic value added (EVA)-28.72-29.57-34.49-37.73-39.54
Solvency
Equity ratio27.1 %44.3 %19.3 %31.3 %38.2 %
Gearing267.5 %124.9 %91.5 %26.4 %7.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.30.50.10.4
Current ratio0.00.30.50.10.4
Cash and cash equivalents12.17101.34146.3414.8021.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:13.2%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.2%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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