ERHVERVSPARKEN JELLING A/S — Credit Rating and Financial Key Figures

CVR number: 32832962
Golfparken 17, 7300 Jelling

Company information

Official name
ERHVERVSPARKEN JELLING A/S
Established
2010
Company form
Limited company
Industry

About ERHVERVSPARKEN JELLING A/S

ERHVERVSPARKEN JELLING A/S (CVR number: 32832962) is a company from VEJLE. The company recorded a gross profit of 620.4 kDKK in 2023. The operating profit was 503.6 kDKK, while net earnings were 208.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 41.5 %, 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. ERHVERVSPARKEN JELLING A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit623.94662.10661.96639.99620.45
EBIT517.19554.79553.10533.69503.59
Net earnings241.08295.81293.85298.33208.87
Shareholders equity total2 624.522 920.333 214.183 512.513 721.38
Balance sheet total (assets)8 343.498 510.608 781.108 973.209 200.83
Net debt4 779.704 402.893 928.873 650.453 086.00
Profitability
EBIT-%
ROA6.1 %6.6 %6.4 %6.0 %5.5 %
ROE9.6 %10.7 %9.6 %8.9 %5.8 %
ROI7.6 %6.9 %6.7 %6.3 %5.9 %
Economic value added (EVA)159.78172.16180.43213.97160.23
Solvency
Equity ratio32.2 %34.9 %37.2 %39.9 %41.5 %
Gearing191.6 %167.0 %147.1 %130.5 %119.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.30.40.5
Current ratio0.10.20.30.40.4
Cash and cash equivalents249.80472.62797.63932.291 358.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.55%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.5%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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