Fjordvejs Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fjordvejs Holding ApS
Fjordvejs Holding ApS (CVR number: 40310649) is a company from SKIVE. The company reported a net sales of 0.6 mDKK in 2022, demonstrating a growth of -110.2 % compared to the previous year. The operating profit percentage was at 96.4 % (EBIT: 0.6 mDKK), while net earnings were 285.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. Fjordvejs Holding ApS's liquidity measured by quick ratio was 30.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 748.44 | 11 835.29 | 856.03 | -5 890.32 | 601.18 |
Gross profit | 6 735.27 | 11 818.66 | 842.73 | -5 906.50 | 579.75 |
EBIT | 6 735.27 | 11 818.66 | 842.73 | -5 906.50 | 579.75 |
Net earnings | 6 518.69 | 11 097.28 | 282.99 | -6 165.35 | 285.12 |
Shareholders equity total | 6 618.69 | 17 315.97 | 16 798.96 | 10 233.61 | 10 518.73 |
Balance sheet total (assets) | 27 544.07 | 35 488.55 | 28 920.87 | 18 231.18 | 18 629.36 |
Net debt | 20 828.55 | 18 107.43 | 11 933.93 | 7 822.26 | 7 993.47 |
Profitability | |||||
EBIT-% | 99.8 % | 99.9 % | 98.4 % | 96.4 % | |
ROA | 24.5 % | 37.5 % | 2.6 % | -25.1 % | 3.1 % |
ROE | 98.5 % | 92.7 % | 1.7 % | -45.6 % | 2.7 % |
ROI | 24.5 % | 37.5 % | 2.6 % | -25.1 % | 3.1 % |
Economic value added (EVA) | 6 802.90 | 13 230.94 | 1 857.01 | -5 085.70 | 794.54 |
Solvency | |||||
Equity ratio | 30.9 % | 54.1 % | 64.7 % | 66.6 % | 66.7 % |
Gearing | 316.1 % | 104.9 % | 72.1 % | 78.1 % | 77.0 % |
Relative net indebtedness % | 308.7 % | 153.1 % | 1395.0 % | -133.0 % | 1331.5 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 0.5 | 54.3 | 30.9 |
Current ratio | 0.4 | 0.3 | 0.5 | 54.3 | 30.9 |
Cash and cash equivalents | 91.83 | 57.66 | 180.48 | 165.31 | 106.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -3.4 % | -5.1 % | -45.1 % | -9.0 % | 54.7 % |
Credit risk | |||||
Credit rating | A | A | A | BB | A |
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