M. Fjord Holding ApS — Credit Rating and Financial Key Figures

M. Fjord Holding ApS (CVR number: 39822377) is a company from VARDE. The company recorded a gross profit of 52.6 kDKK in 2023. The operating profit was 45.5 kDKK, while net earnings were -173.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -18.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.4 %, 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. M. Fjord Holding ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.