FEMERN BÆLT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FEMERN BÆLT A/S
FEMERN BÆLT A/S (CVR number: 28986564K) is a company from KØBENHAVN. The company recorded a gross profit of -4000 kDKK in 2023. The operating profit was -2000 kDKK, while net earnings were -1077 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -12.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. FEMERN BÆLT A/S's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 625.00 | - 970.00 | 296 365.00 | 11 913 000.00 | -4 000.00 |
EBIT | -1 297.00 | -1 699.00 | -2 219.00 | -2 000.00 | -2 000.00 |
Net earnings | - 319 331.00 | - 324 980.00 | 231 048.00 | 9 167 000.00 | -1 077 000.00 |
Shareholders equity total | 105 064.00 | 219 916.00 | 11 000.00 | 9 177 000.00 | 8 100 000.00 |
Balance sheet total (assets) | 13 323 491.00 | 13 581 959.00 | 13 576 050.00 | 20 602 000.00 | 29 685 000.00 |
Net debt | -8 648 507.00 | -6 874 492.00 | 11 492 480.00 | - 405 000.00 | - 106 000.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.0 % | -0.0 % | 2.2 % | 69.7 % | -0.0 % |
ROE | -120.6 % | -200.0 % | 200.1 % | 199.5 % | -12.5 % |
ROI | -0.0 % | -0.0 % | 2.4 % | 89.5 % | -0.0 % |
Economic value added (EVA) | 148 781.13 | 408 137.06 | 318 588.28 | - 604 160.85 | - 442 188.08 |
Solvency | |||||
Equity ratio | 0.8 % | 1.6 % | 0.1 % | 44.5 % | 27.3 % |
Gearing | 107522.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 49.0 | 10.9 | 3.4 | 2.1 | 2.8 |
Current ratio | 49.0 | 10.9 | 3.4 | 2.1 | 2.8 |
Cash and cash equivalents | 8 648 507.00 | 6 874 492.00 | 335 000.00 | 405 000.00 | 106 000.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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