JØRN LARSEN FOODS ApS — Credit Rating and Financial Key Figures

CVR number: 26064899
Benediktevej 12, 9000 Aalborg
tel: 98169618

Credit rating

Company information

Official name
JØRN LARSEN FOODS ApS
Established
2001
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About JØRN LARSEN FOODS ApS

JØRN LARSEN FOODS ApS (CVR number: 26064899) is a company from AALBORG. The company recorded a gross profit of -82.1 kDKK in 2022. The operating profit was -304.1 kDKK, while net earnings were -415.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. JØRN LARSEN FOODS ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit3 086.191 673.132 274.867 189.92-82.10
EBIT2 893.361 416.08-1 897.937 005.12- 304.13
Net earnings2 145.91960.79-1 667.295 223.68- 415.15
Shareholders equity total7 142.566 508.354 841.069 064.741 149.58
Balance sheet total (assets)19 148.0613 058.8614 109.1312 958.904 538.30
Net debt-6 580.44-2 362.94-1 860.61-6 499.44-70.69
Profitability
EBIT-%
ROA12.5 %8.8 %-14.0 %51.8 %-2.4 %
ROE34.0 %14.1 %-29.4 %75.1 %-8.1 %
ROI35.0 %14.8 %-22.5 %74.6 %-2.9 %
Economic value added (EVA)2 289.481 202.47-1 545.035 332.81- 356.24
Solvency
Equity ratio37.3 %49.8 %34.3 %69.9 %25.3 %
Gearing35.7 %44.5 %54.5 %24.8 %197.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.81.53.31.3
Current ratio1.62.01.73.31.3
Cash and cash equivalents9 130.165 257.974 498.388 745.462 342.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-2.44%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.3%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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