JF KASSEN A/S — Credit Rating and Financial Key Figures

CVR number: 28315163
Arnold Nielsens Boulevard 77, 2650 Hvidovre
trine@dokadm.dk
tel: 36704530

Credit rating

Company information

Official name
JF KASSEN A/S
Established
2004
Company form
Limited company
Industry

About JF KASSEN A/S

JF KASSEN A/S (CVR number: 28315163) is a company from HVIDOVRE. The company recorded a gross profit of -20.9 kDKK in 2023. The operating profit was -20.9 kDKK, while net earnings were 6171.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JF KASSEN A/S's liquidity measured by quick ratio was 81.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.35-15.96-14.72-12.72-20.92
EBIT-10.35-15.96-14.72-12.72-20.92
Net earnings4 734.785 538.801 620.29-1 243.366 171.41
Shareholders equity total31 955.5136 494.3138 001.6036 643.8442 697.45
Balance sheet total (assets)31 972.6736 573.2338 007.8536 657.3642 728.43
Net debt-2 336.61-1 550.95- 338.51-1 465.39-1 133.13
Profitability
EBIT-%
ROA16.0 %16.4 %4.6 %-3.2 %15.3 %
ROE16.0 %16.2 %4.4 %-3.3 %15.6 %
ROI16.0 %16.4 %4.6 %-3.2 %15.3 %
Economic value added (EVA)-59.12-48.16-89.35- 187.58- 190.07
Solvency
Equity ratio99.9 %99.8 %100.0 %100.0 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio136.219.757.6108.581.4
Current ratio136.219.757.6108.581.4
Cash and cash equivalents2 336.611 550.95338.511 465.391 133.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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