Fjelsø A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fjelsø A/S
Fjelsø A/S (CVR number: 27624324K) is a company from VESTHIMMERLANDS. The company reported a net sales of 248.1 mDKK in 2023, demonstrating a decline of -27.2 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 18.4 mDKK), while net earnings were 15 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 17.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Fjelsø A/S's liquidity measured by quick ratio was 2 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 268.99 | 295.73 | 284.35 | 340.80 | 248.13 |
Gross profit | 95.36 | 102.23 | 104.66 | 124.68 | 102.86 |
EBIT | 19.43 | 23.09 | 25.60 | 40.60 | 18.37 |
Net earnings | 14.81 | 20.08 | 20.17 | 31.25 | 15.02 |
Shareholders equity total | 65.99 | 75.28 | 84.47 | 104.17 | 101.01 |
Balance sheet total (assets) | 169.00 | 200.59 | 207.54 | 191.04 | 168.70 |
Net debt | -26.03 | -47.98 | -16.59 | -56.31 | -35.66 |
Profitability | |||||
EBIT-% | 7.2 % | 7.8 % | 9.0 % | 11.9 % | 7.4 % |
ROA | 12.1 % | 12.6 % | 13.1 % | 20.6 % | 10.9 % |
ROE | 27.1 % | 32.8 % | 29.8 % | 40.3 % | 17.9 % |
ROI | 20.1 % | 20.8 % | 21.2 % | 29.9 % | 15.2 % |
Economic value added (EVA) | 13.37 | 16.18 | 19.11 | 28.41 | 12.27 |
Solvency | |||||
Equity ratio | 39.1 % | 37.5 % | 40.7 % | 56.0 % | 59.9 % |
Gearing | 36.0 % | 34.0 % | 29.5 % | 9.2 % | 2.5 % |
Relative net indebtedness % | 15.2 % | 11.6 % | 21.0 % | -2.5 % | 7.5 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 1.9 | 2.7 | 2.0 |
Current ratio | 1.8 | 1.7 | 1.9 | 2.5 | 2.0 |
Cash and cash equivalents | 49.82 | 73.60 | 41.49 | 65.89 | 38.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 33.6 | 32.8 | 41.6 | 28.3 | 40.2 |
Net working capital % | 20.3 % | 22.6 % | 25.8 % | 24.1 % | 22.3 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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