JELD-WEN DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JELD-WEN DANMARK A/S
JELD-WEN DANMARK A/S (CVR number: 15134739) is a company from VESTHIMMERLANDS. The company reported a net sales of 1111 mDKK in 2023, demonstrating a decline of -9 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 44.4 mDKK), while net earnings were 35.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 35.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JELD-WEN DANMARK A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 017.96 | 1 098.08 | 1 225.34 | 1 220.52 | 1 110.98 |
Gross profit | 1 017.96 | 1 098.08 | 1 225.34 | 342.63 | 323.12 |
EBIT | 27.44 | 43.86 | 49.59 | 48.82 | 44.44 |
Net earnings | 18.33 | 24.64 | -6.14 | 22.88 | 35.09 |
Shareholders equity total | 146.01 | 170.65 | 164.51 | 82.39 | 117.47 |
Balance sheet total (assets) | 574.54 | 612.33 | 732.00 | 564.81 | 503.59 |
Net debt | 161.95 | 146.40 | |||
Profitability | |||||
EBIT-% | 2.7 % | 4.0 % | 4.0 % | 4.0 % | 4.0 % |
ROA | 5.0 % | 7.4 % | 7.4 % | 7.7 % | 9.7 % |
ROE | 13.4 % | 15.6 % | -3.7 % | 18.5 % | 35.1 % |
ROI | 5.7 % | 7.4 % | 7.4 % | 9.2 % | 15.9 % |
Economic value added (EVA) | 11.71 | 36.52 | 41.01 | 26.40 | 24.59 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 14.6 % | 23.3 % |
Gearing | 199.1 % | 126.4 % | |||
Relative net indebtedness % | 30.1 % | 32.3 % | |||
Liquidity | |||||
Quick ratio | 1.6 | 1.3 | |||
Current ratio | 2.1 | 1.9 | |||
Cash and cash equivalents | 2.06 | 2.04 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.0 | 37.8 | |||
Net working capital % | 20.1 % | 16.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | A |
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