JKS Group Aps
Credit rating
Company information
About JKS Group Aps
JKS Group Aps (CVR number: 21327972K) is a company from RINGKØBING-SKJERN. The company reported a net sales of 1572.2 mDKK in 2023, demonstrating a decline of -2 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 16.6 mDKK), while net earnings were 28.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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. JKS Group Aps's liquidity measured by quick ratio was 1.9 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 | 1 430.43 | 1 201.02 | 1 508.49 | 1 604.49 | 1 572.15 |
Gross profit | 1 430.43 | 1 201.02 | 1 508.49 | 1 517.45 | 1 483.20 |
EBIT | 31.22 | 30.04 | 29.55 | 18.78 | 16.59 |
Net earnings | 43.13 | 17.98 | 44.67 | 27.65 | 28.74 |
Shareholders equity total | 127.30 | 144.05 | 177.70 | 196.79 | 216.61 |
Balance sheet total (assets) | 351.78 | 469.19 | 452.58 | 402.80 | 473.34 |
Net debt | -9.86 | -65.97 | |||
Profitability | |||||
EBIT-% | 2.2 % | 2.5 % | 2.0 % | 1.2 % | 1.1 % |
ROA | 8.6 % | 7.3 % | 6.4 % | 9.3 % | 8.4 % |
ROE | 40.6 % | 13.3 % | 27.8 % | 15.3 % | 14.8 % |
ROI | 12.2 % | 7.3 % | 6.4 % | 11.3 % | 14.5 % |
Economic value added (EVA) | 27.57 | 23.64 | 22.31 | 7.91 | 4.98 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 48.9 % | 45.8 % |
Gearing | 8.4 % | 0.2 % | |||
Relative net indebtedness % | 10.9 % | 11.6 % | |||
Liquidity | |||||
Quick ratio | 2.1 | 1.9 | |||
Current ratio | 2.2 | 1.9 | |||
Cash and cash equivalents | 26.44 | 66.38 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 69.3 | 71.8 | |||
Net working capital % | 11.8 % | 10.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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