Jørgen Krag Nielsen ApS — Credit Rating and Financial Key Figures
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 -4.4 kDKK in 2024. The operating profit was -4.4 kDKK, while net earnings were -4.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11 %, which can be considered poor and Return on Equity (ROE) was -15.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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 2.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 222.58 | 303.48 | -13.77 | -11.12 | -4.45 |
EBIT | - 170.76 | 21.02 | -15.25 | -11.12 | -4.45 |
Net earnings | - 138.81 | 15.54 | -12.37 | -8.65 | -4.35 |
Shareholders equity total | 35.30 | 50.84 | 38.47 | 29.81 | 25.47 |
Balance sheet total (assets) | 230.63 | 119.31 | 53.34 | 41.31 | 39.47 |
Net debt | - 155.25 | -85.83 | -16.44 | -1.97 | -0.03 |
Profitability | |||||
EBIT-% | |||||
ROA | -64.7 % | 12.0 % | -17.7 % | -23.4 % | -11.0 % |
ROE | -132.6 % | 36.1 % | -27.7 % | -25.3 % | -15.7 % |
ROI | -163.1 % | 48.8 % | -34.2 % | -32.5 % | -16.1 % |
Economic value added (EVA) | - 145.29 | 14.61 | -14.50 | -10.61 | -5.94 |
Solvency | |||||
Equity ratio | 15.3 % | 42.6 % | 72.1 % | 72.2 % | 64.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.7 | 3.6 | 3.6 | 2.8 |
Current ratio | 1.2 | 1.7 | 3.6 | 3.6 | 2.8 |
Cash and cash equivalents | 155.25 | 85.83 | 16.44 | 1.97 | 0.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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