Fjordbak Service & Montage A/S — Credit Rating and Financial Key Figures

CVR number: 39182807
Brodam 9, V Hassing 9310 Vodskov

Credit rating

Company information

Official name
Fjordbak Service & Montage A/S
Personnel
1 person
Established
2017
Domicile
V Hassing
Company form
Limited company
Industry

About Fjordbak Service & Montage A/S

Fjordbak Service & Montage A/S (CVR number: 39182807) is a company from AALBORG. The company recorded a gross profit of 1541.7 kDKK in 2023. The operating profit was 444.7 kDKK, while net earnings were 336.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 31.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Fjordbak Service & Montage A/S's liquidity measured by quick ratio was 1.4 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 profit1 223.581 569.621 221.901 352.041 541.72
EBIT695.87781.57417.55453.40444.73
Net earnings537.36598.88316.43347.88336.70
Shareholders equity total1 480.621 179.50995.921 043.811 080.51
Balance sheet total (assets)1 853.772 437.662 131.441 937.021 749.85
Net debt- 128.42- 975.43- 139.2564.05- 343.86
Profitability
EBIT-%
ROA33.8 %36.4 %18.3 %22.3 %24.1 %
ROE33.3 %45.0 %29.1 %34.1 %31.7 %
ROI40.5 %51.4 %25.6 %27.5 %31.7 %
Economic value added (EVA)442.92531.22248.48268.71267.91
Solvency
Equity ratio79.9 %48.4 %46.7 %53.9 %61.7 %
Gearing29.4 %67.6 %44.7 %9.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.31.00.81.4
Current ratio2.71.31.00.81.5
Cash and cash equivalents128.421 322.62812.57402.97442.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:24.1%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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