Fjelsø A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fjelsø A/S
Fjelsø A/S (CVR number: 27624324) is a company from VESTHIMMERLANDS. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a decline of -26.2 % compared to the previous year. The operating profit percentage was poor at -150.3 % (EBIT: -3.5 mDKK), while net earnings were 9962 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fjelsø A/S's liquidity measured by quick ratio was 30.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 756.00 | 5 735.00 | 4 823.00 | 3 171.00 | 2 339.00 |
Gross profit | 3 943.00 | 3 736.00 | 3 452.00 | 1 956.00 | 149.00 |
EBIT | - 132.00 | -1 673.00 | -1 447.00 | -2 576.00 | -3 516.00 |
Net earnings | 11 708.00 | 14 661.00 | 14 048.00 | 21 602.00 | 9 962.00 |
Shareholders equity total | 57 988.00 | 64 649.00 | 70 697.00 | 84 299.00 | 83 761.00 |
Balance sheet total (assets) | 67 034.00 | 73 766.00 | 76 977.00 | 87 781.00 | 86 647.00 |
Net debt | 1 176.00 | -10 644.00 | -3 232.00 | -6 071.00 | -5 518.00 |
Profitability | |||||
EBIT-% | -2.3 % | -29.2 % | -30.0 % | -81.2 % | -150.3 % |
ROA | 18.6 % | 20.6 % | 18.4 % | 25.8 % | 10.8 % |
ROE | 21.4 % | 23.9 % | 20.8 % | 27.9 % | 11.9 % |
ROI | 19.0 % | 21.4 % | 19.1 % | 26.1 % | 10.8 % |
Economic value added (EVA) | -63.08 | - 767.36 | - 449.03 | -1 551.64 | -1 748.86 |
Solvency | |||||
Equity ratio | 86.5 % | 87.6 % | 91.8 % | 96.0 % | 96.7 % |
Gearing | 11.0 % | 7.3 % | 5.6 % | 2.6 % | 1.9 % |
Relative net indebtedness % | 50.4 % | -122.8 % | -36.6 % | -177.7 % | -215.6 % |
Liquidity | |||||
Quick ratio | 4.9 | 4.5 | 7.7 | 15.8 | 30.5 |
Current ratio | 4.9 | 4.5 | 7.7 | 15.8 | 30.5 |
Cash and cash equivalents | 5 217.00 | 15 382.00 | 7 223.00 | 8 269.00 | 7 088.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.3 | 69.2 | |||
Net working capital % | 175.6 % | 310.3 % | 376.7 % | 659.7 % | 1012.6 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AA | AA |
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