Jørgen Krag Nielsen ApS
Credit rating
Company information
About Jørgen Krag Nielsen ApS
Jørgen Krag Nielsen ApS (CVR number: 28850700) is a company from HORSENS. The company recorded a gross profit of -11.1 kDKK in 2023. The operating profit was -11.1 kDKK, while net earnings were -8.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, which can be considered poor and Return on Equity (ROE) was -25.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 451.89 | 222.58 | 303.48 | -13.77 | -11.12 |
EBIT | 49.37 | - 170.76 | 21.02 | -15.25 | -11.12 |
Net earnings | 40.16 | - 138.81 | 15.54 | -12.37 | -8.65 |
Shareholders equity total | 174.10 | 35.30 | 50.84 | 38.47 | 29.81 |
Balance sheet total (assets) | 297.26 | 230.63 | 119.31 | 53.34 | 41.31 |
Net debt | - 181.00 | - 155.25 | -85.83 | -16.44 | -1.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.0 % | -64.7 % | 12.0 % | -17.7 % | -23.4 % |
ROE | 26.1 % | -132.6 % | 36.1 % | -27.7 % | -25.3 % |
ROI | 32.1 % | -163.1 % | 48.8 % | -34.2 % | -32.5 % |
Economic value added (EVA) | 46.74 | - 136.19 | 22.41 | -10.19 | -9.78 |
Solvency | |||||
Equity ratio | 58.6 % | 15.3 % | 42.6 % | 72.1 % | 72.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 1.2 | 1.7 | 3.6 | 3.6 |
Current ratio | 2.3 | 1.2 | 1.7 | 3.6 | 3.6 |
Cash and cash equivalents | 181.00 | 155.25 | 85.83 | 16.44 | 1.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | C | B |
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