FJERO HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 35840451
Oddervej 20, 7800 Skive

Company information

Official name
FJERO HOLDING A/S
Established
2014
Company form
Limited company
Industry

About FJERO HOLDING A/S

FJERO HOLDING A/S (CVR number: 35840451) is a company from SKIVE. The company recorded a gross profit of 2234 kDKK in 2023. The operating profit was 1895.4 kDKK, while net earnings were -918.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -63.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FJERO HOLDING A/S's liquidity measured by quick ratio was 0.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 026.481 197.951 395.431 788.172 234.02
EBIT1 986.49982.591 209.841 523.421 895.42
Net earnings-5 359.90414.30-4 345.184 038.08- 918.51
Shareholders equity total1 806.562 220.86-2 124.311 913.77995.26
Balance sheet total (assets)25 766.6125 696.6819 141.7325 652.2323 212.59
Net debt12 446.0112 369.3912 306.2612 886.3113 289.03
Profitability
EBIT-%
ROA-14.6 %5.4 %-14.2 %22.0 %3.1 %
ROE-119.5 %20.6 %-40.7 %38.4 %-63.1 %
ROI-15.6 %5.8 %-15.6 %24.2 %3.4 %
Economic value added (EVA)1 675.761 243.291 085.981 507.431 776.85
Solvency
Equity ratio7.0 %8.6 %-10.0 %7.5 %4.3 %
Gearing691.9 %562.8 %-579.5 %673.4 %1335.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.92.80.20.40.1
Current ratio3.92.80.20.40.1
Cash and cash equivalents53.99130.613.741.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBAA

Variable visualization

ROA:3.06%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.29%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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