JK LUNGE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JK LUNGE HOLDING ApS
JK LUNGE HOLDING ApS (CVR number: 29811997) is a company from MIDDELFART. The company recorded a gross profit of -9.9 kDKK in 2023. The operating profit was -9.9 kDKK, while net earnings were -201.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -13.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JK LUNGE HOLDING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.67 | -8.83 | -8.83 | -9.18 | -9.85 |
EBIT | -8.67 | -8.83 | -8.83 | -9.18 | -9.85 |
Net earnings | -43.79 | 42.74 | -25.70 | -20.80 | - 201.29 |
Shareholders equity total | 1 975.85 | 1 907.99 | 1 769.29 | 1 634.08 | 1 432.79 |
Balance sheet total (assets) | 3 783.30 | 3 906.52 | 3 805.03 | 3 794.24 | 3 678.74 |
Net debt | 1 752.46 | 1 887.19 | 1 980.00 | 2 143.65 | 2 197.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.6 % | 2.8 % | 1.1 % | 1.5 % | -2.7 % |
ROE | -2.1 % | 2.2 % | -1.4 % | -1.2 % | -13.1 % |
ROI | 0.6 % | 2.8 % | 1.1 % | 1.5 % | -2.7 % |
Economic value added (EVA) | 119.36 | 99.43 | 110.99 | 113.55 | 112.32 |
Solvency | |||||
Equity ratio | 52.2 % | 48.8 % | 46.5 % | 43.1 % | 38.9 % |
Gearing | 88.7 % | 99.9 % | 111.9 % | 131.3 % | 155.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.5 | 0.5 | 0.5 |
Current ratio | 0.7 | 0.6 | 0.5 | 0.5 | 0.5 |
Cash and cash equivalents | 0.79 | 18.55 | 0.41 | 1.15 | 33.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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