VOGNMAND VAGN JENSEN ApS
Credit rating
Company information
About VOGNMAND VAGN JENSEN ApS
VOGNMAND VAGN JENSEN ApS (CVR number: 36068736) is a company from ESBJERG. The company reported a net sales of 2 mDKK in 2023, demonstrating a decline of -13.1 % compared to the previous year. The operating profit percentage was at 6.1 % (EBIT: 0.1 mDKK), while net earnings were 96.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.5 %, 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. VOGNMAND VAGN JENSEN ApS's liquidity measured by quick ratio was 2.1 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 | 1 841.35 | 1 703.98 | 1 749.72 | 2 297.24 | 1 996.28 |
Gross profit | 554.56 | 504.67 | 505.68 | 650.78 | 686.67 |
EBIT | -60.51 | - 129.96 | -21.63 | 222.47 | 121.72 |
Net earnings | -59.66 | - 106.10 | -24.42 | 173.92 | 96.24 |
Shareholders equity total | 507.98 | 401.88 | 377.45 | 551.38 | 529.82 |
Balance sheet total (assets) | 1 173.03 | 854.36 | 824.59 | 995.38 | 971.36 |
Net debt | - 224.16 | - 124.68 | 85.34 | - 160.87 | - 162.43 |
Profitability | |||||
EBIT-% | -3.3 % | -7.6 % | -1.2 % | 9.7 % | 6.1 % |
ROA | -3.5 % | -12.2 % | -1.9 % | 25.1 % | 13.0 % |
ROE | -10.1 % | -23.3 % | -6.3 % | 37.4 % | 17.8 % |
ROI | -5.0 % | -24.8 % | -2.9 % | 31.6 % | 19.6 % |
Economic value added (EVA) | -67.70 | - 115.65 | -34.01 | 170.19 | 84.53 |
Solvency | |||||
Equity ratio | 43.3 % | 47.0 % | 45.8 % | 55.4 % | 54.5 % |
Gearing | 85.0 % | 34.2 % | |||
Relative net indebtedness % | 23.9 % | 19.2 % | 12.1 % | 4.1 % | 14.0 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | 1.7 | 2.1 | 2.1 |
Current ratio | 1.7 | 1.8 | 1.7 | 2.1 | 2.1 |
Cash and cash equivalents | 224.16 | 124.68 | 235.59 | 349.58 | 162.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 91.0 | 85.8 | 86.6 | 77.7 | 67.4 |
Net working capital % | 21.4 % | 18.9 % | 17.3 % | 20.8 % | 22.9 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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