Credit rating
Company information
About A.J. FINANS A/S
A.J. FINANS A/S (CVR number: 19939839) is a company from HORSENS. The company recorded a gross profit of -20.2 kDKK in 2023. The operating profit was -228.1 kDKK, while net earnings were 24 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A.J. FINANS A/S's liquidity measured by quick ratio was 385.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -18.57 | -19.16 | -18.32 | -20.63 | -20.23 |
EBIT | - 168.57 | - 169.16 | - 168.31 | - 170.63 | - 228.11 |
Net earnings | 736.18 | - 142.17 | 388.34 | - 637.57 | 24.03 |
Shareholders equity total | 4 918.22 | 4 665.45 | 4 940.79 | 4 303.22 | 4 327.26 |
Balance sheet total (assets) | 5 128.85 | 4 887.40 | 4 963.56 | 4 320.44 | 4 338.51 |
Net debt | -4 945.55 | -4 576.53 | -4 955.10 | -4 087.69 | -4 151.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.2 % | 5.7 % | 11.1 % | 1.5 % | 2.1 % |
ROE | 12.7 % | -3.0 % | 8.1 % | -13.8 % | 0.6 % |
ROI | 16.4 % | 5.7 % | 11.1 % | 1.5 % | 2.1 % |
Economic value added (EVA) | - 146.21 | - 124.02 | - 125.19 | - 132.03 | - 150.77 |
Solvency | |||||
Equity ratio | 95.9 % | 95.5 % | 99.5 % | 99.6 % | 99.7 % |
Gearing | 2.6 % | 4.5 % | 0.2 % | 0.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 24.4 | 22.0 | 218.0 | 251.0 | 385.6 |
Current ratio | 24.4 | 22.0 | 218.0 | 251.0 | 385.6 |
Cash and cash equivalents | 5 074.96 | 4 787.23 | 4 963.26 | 4 093.65 | 4 151.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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