FJORDBAK BYG A/S

FJORDBAK BYG A/S (CVR number: 28487045) is a company from HJØRRING. The company recorded a gross profit of 37.7 mDKK in 2023. The operating profit was 5082.8 kDKK, while net earnings were 2893.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 63.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.4 %, 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. FJORDBAK BYG A/S's liquidity measured by quick ratio was 1.2 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.