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Jørgen Krag Nielsen ApS

CVR number: 28850700
Carolinelundsvej 49, 8700 Horsens
jorgenkragnielsen@gmail.com

Credit rating

Company information

Official name
Jørgen Krag Nielsen ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

Jørgen Krag Nielsen ApS (CVR number: 28850700) is a company from HORSENS. The company recorded a gross profit of -13.8 kDKK in 2022. The operating profit was -15.2 kDKK, while net earnings were -12.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.7 %, which can be considered poor and Return on Equity (ROE) was -27.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Jørgen Krag Nielsen ApS's liquidity measured by quick ratio was 3.6 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
20182019202020212022
Volume
Net sales456.32
Gross profit336.45451.89222.58303.48-13.77
EBIT-11.5749.37- 170.7621.02-15.25
Net earnings-9.9440.16- 138.8115.54-12.37
Shareholders equity total133.95174.1035.3050.8438.47
Balance sheet total (assets)282.11297.26230.63119.3153.34
Net debt- 242.02- 181.00- 155.25-85.83-16.44
Profitability
EBIT-%-2.5 %
ROA-4.5 %17.0 %-64.7 %12.0 %-17.7 %
ROE-7.2 %26.1 %-132.6 %36.1 %-27.7 %
ROI-8.3 %32.1 %-163.1 %48.8 %-34.2 %
Economic value added (EVA)-7.5946.74- 136.1922.41-10.19
Solvency
Equity ratio47.5 %58.6 %15.3 %42.6 %72.1 %
Gearing
Relative net indebtedness %-20.6 %
Liquidity
Quick ratio1.72.31.21.73.6
Current ratio1.72.31.21.73.6
Cash and cash equivalents242.02181.00155.2585.8316.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %21.2 %
Credit risk
Credit ratingBBBBBC

Variable visualization

ROA:-17.7%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%

Companies in the same industry

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