A.J. FINANS A/S — Credit Rating and Financial Key Figures

CVR number: 19939839
Sundgårdsvej 103, 8700 Horsens
tel: 22213200

Credit rating

Company information

Official name
A.J. FINANS A/S
Personnel
1 person
Established
1996
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings736.18- 142.17388.34- 637.5724.03
Shareholders equity total4 918.224 665.454 940.794 303.224 327.26
Balance sheet total (assets)5 128.854 887.404 963.564 320.444 338.51
Net debt-4 945.55-4 576.53-4 955.10-4 087.69-4 151.42
Profitability
EBIT-%
ROA16.2 %5.7 %11.1 %1.5 %2.1 %
ROE12.7 %-3.0 %8.1 %-13.8 %0.6 %
ROI16.4 %5.7 %11.1 %1.5 %2.1 %
Economic value added (EVA)- 467.22- 385.54- 376.34- 381.85- 356.77
Solvency
Equity ratio95.9 %95.5 %99.5 %99.6 %99.7 %
Gearing2.6 %4.5 %0.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio24.422.0218.0251.0385.6
Current ratio24.422.0218.0251.0385.6
Cash and cash equivalents5 074.964 787.234 963.264 093.654 151.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.07%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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