JYSK-FYNSK KAPITAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JYSK-FYNSK KAPITAL A/S
JYSK-FYNSK KAPITAL A/S (CVR number: 29194467) is a company from HEDENSTED. The company recorded a gross profit of -232 kDKK in 2023. The operating profit was -5653 kDKK, while net earnings were 23.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JYSK-FYNSK KAPITAL A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 800.00 | 1 410.00 | 1 570.00 | ||
Gross profit | - 266.00 | - 318.00 | - 231.00 | - 245.00 | - 232.00 |
EBIT | -1 590.00 | -3 353.00 | -2 850.00 | -3 109.00 | -5 653.00 |
Net earnings | 11 869.00 | 19 415.00 | 6 599.00 | 36 544.00 | 23 071.00 |
Shareholders equity total | 271 515.00 | 328 930.00 | 399 281.00 | 436 826.00 | 595 897.00 |
Balance sheet total (assets) | 342 964.00 | 371 853.00 | 422 335.00 | 462 327.00 | 617 342.00 |
Net debt | 70 914.00 | 35 065.00 | 19 654.00 | 18 826.00 | 16 150.00 |
Profitability | |||||
EBIT-% | -88.3 % | -237.8 % | -181.5 % | ||
ROA | 3.9 % | 5.4 % | 1.7 % | 8.2 % | 4.2 % |
ROE | 4.7 % | 6.5 % | 1.8 % | 8.7 % | 4.5 % |
ROI | 3.9 % | 5.4 % | 1.7 % | 8.2 % | 4.2 % |
Economic value added (EVA) | 6 335.42 | 6 113.47 | - 567.62 | -2 129.27 | -4 815.43 |
Solvency | |||||
Equity ratio | 79.2 % | 88.5 % | 94.5 % | 94.5 % | 96.5 % |
Gearing | 26.1 % | 12.1 % | 5.1 % | 5.5 % | 3.0 % |
Relative net indebtedness % | 3969.1 % | 2697.3 % | 1417.2 % | ||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.9 | 1.1 | 0.9 |
Current ratio | 0.3 | 0.3 | 0.9 | 1.1 | 0.9 |
Cash and cash equivalents | 6.00 | 4 891.00 | 804.00 | 5 230.00 | 1 514.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -2845.0 % | -1990.8 % | -173.2 % | ||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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