JUSTENBORG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JUSTENBORG A/S
JUSTENBORG A/S (CVR number: 26998204) is a company from SKANDERBORG. The company recorded a gross profit of 208.9 kDKK in 2023. The operating profit was -223.8 kDKK, while net earnings were 5928.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JUSTENBORG A/S's liquidity measured by quick ratio was 3.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -41.47 | 170.11 | 127.23 | 193.01 | 208.91 |
EBIT | - 355.17 | - 372.50 | - 296.81 | - 231.79 | - 223.85 |
Net earnings | 5 481.81 | 2 065.18 | 849.21 | 1 920.89 | 5 928.66 |
Shareholders equity total | 41 977.69 | 43 815.92 | 44 562.09 | 46 384.98 | 51 277.22 |
Balance sheet total (assets) | 49 679.65 | 51 641.64 | 51 624.56 | 53 783.99 | 59 484.32 |
Net debt | 4 480.01 | 1 810.18 | 1 094.54 | - 449.08 | -2 383.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.5 % | 4.2 % | 1.8 % | 4.3 % | 10.9 % |
ROE | 14.0 % | 4.8 % | 1.9 % | 4.2 % | 12.1 % |
ROI | 11.7 % | 4.2 % | 1.8 % | 4.4 % | 11.1 % |
Economic value added (EVA) | -2 495.07 | -2 800.97 | -2 789.07 | -2 815.18 | -2 824.76 |
Solvency | |||||
Equity ratio | 84.5 % | 84.8 % | 86.3 % | 86.2 % | 86.2 % |
Gearing | 18.2 % | 17.1 % | 15.5 % | 14.5 % | 14.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 3.0 | 3.5 | 4.4 | 3.9 |
Current ratio | 2.2 | 3.1 | 3.7 | 4.5 | 4.0 |
Cash and cash equivalents | 3 172.53 | 5 684.07 | 5 793.83 | 7 194.45 | 9 536.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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