JELS PRODUKTFORRETNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JELS PRODUKTFORRETNING ApS
JELS PRODUKTFORRETNING ApS (CVR number: 21771694) is a company from VEJEN. The company recorded a gross profit of 986.8 kDKK in 2023. The operating profit was -821.8 kDKK, while net earnings were -677.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.4 %, which can be considered poor and Return on Equity (ROE) was -41.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.6 %, 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. JELS PRODUKTFORRETNING ApS's liquidity measured by quick ratio was 2 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 | 1 183.00 | 1 035.71 | 3 251.37 | 1 964.48 | 986.81 |
EBIT | 355.36 | 133.76 | 876.32 | 170.90 | - 821.77 |
Net earnings | 313.65 | 46.25 | 640.74 | 103.13 | - 677.21 |
Shareholders equity total | 2 638.80 | 2 685.05 | 3 325.80 | 2 128.93 | 1 151.72 |
Balance sheet total (assets) | 4 332.75 | 4 869.20 | 5 120.03 | 4 083.05 | 2 643.00 |
Net debt | -1 666.59 | - 779.26 | -1 838.93 | - 750.96 | 204.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.5 % | 2.9 % | 17.5 % | 3.7 % | -24.4 % |
ROE | 12.6 % | 1.7 % | 21.3 % | 3.8 % | -41.3 % |
ROI | 9.7 % | 3.2 % | 18.5 % | 4.1 % | -28.2 % |
Economic value added (EVA) | 355.67 | 93.41 | 612.02 | 70.94 | - 701.31 |
Solvency | |||||
Equity ratio | 60.9 % | 55.1 % | 65.0 % | 52.1 % | 43.6 % |
Gearing | 42.5 % | 30.5 % | 16.8 % | 21.9 % | 60.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.9 | 5.8 | 2.2 | 2.0 |
Current ratio | 2.5 | 3.1 | 5.9 | 2.3 | 2.0 |
Cash and cash equivalents | 2 788.95 | 1 598.38 | 2 397.31 | 1 217.86 | 491.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | BBB |
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