J.F. HOLDING HERNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J.F. HOLDING HERNING ApS
J.F. HOLDING HERNING ApS (CVR number: 27038824K) is a company from SILKEBORG. The company reported a net sales of 960.4 mDKK in 2023, demonstrating a growth of 16.7 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 53.1 mDKK), while net earnings were 41.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.9 %, 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. J.F. HOLDING HERNING 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 885.80 | 801.59 | 955.23 | 823.13 | 960.37 |
Gross profit | 80.79 | 86.45 | 93.67 | 91.68 | 88.44 |
EBIT | 46.97 | 51.48 | 56.57 | 59.62 | 53.07 |
Net earnings | 36.47 | 39.21 | 35.38 | 49.55 | 41.26 |
Shareholders equity total | 213.30 | 244.01 | 269.69 | 303.09 | 337.16 |
Balance sheet total (assets) | 451.31 | 497.19 | 569.69 | 550.78 | 614.68 |
Net debt | -68.18 | -61.86 | - 113.71 | ||
Profitability | |||||
EBIT-% | 5.3 % | 6.4 % | 5.9 % | 7.2 % | 5.5 % |
ROA | 11.1 % | 10.9 % | 10.6 % | 11.6 % | 9.3 % |
ROE | 18.7 % | 17.1 % | 13.8 % | 17.9 % | 13.7 % |
ROI | 14.2 % | 10.9 % | 10.6 % | 13.4 % | 12.9 % |
Economic value added (EVA) | 37.95 | 40.76 | 43.81 | 37.23 | 29.54 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 55.0 % | 54.9 % |
Gearing | 1.7 % | 0.3 % | |||
Relative net indebtedness % | -7.1 % | 17.9 % | 13.0 % | ||
Liquidity | |||||
Quick ratio | 2.1 | 2.1 | |||
Current ratio | 2.1 | 2.1 | |||
Cash and cash equivalents | 68.18 | 67.13 | 114.86 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 94.3 | 74.5 | |||
Net working capital % | 7.1 % | 19.9 % | 20.4 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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