VESTSJÆLLANDS JERNHANDEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTSJÆLLANDS JERNHANDEL A/S
VESTSJÆLLANDS JERNHANDEL A/S (CVR number: 30518799) is a company from KALUNDBORG. The company recorded a gross profit of 4399.4 kDKK in 2023. The operating profit was 8.6 kDKK, while net earnings were -60.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. VESTSJÆLLANDS JERNHANDEL A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 225.76 | 3 388.49 | 7 431.05 | 5 544.51 | 4 399.36 |
EBIT | 242.53 | 632.48 | 2 416.73 | 622.77 | 8.59 |
Net earnings | 108.87 | 431.42 | 1 823.62 | 430.10 | -60.44 |
Shareholders equity total | 3 889.02 | 4 320.44 | 5 944.05 | 5 374.15 | 4 913.71 |
Balance sheet total (assets) | 6 639.26 | 6 014.45 | 8 670.56 | 8 317.00 | 7 874.89 |
Net debt | 1 242.49 | - 660.09 | -2 677.79 | -1 613.75 | - 318.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 10.0 % | 33.1 % | 7.6 % | 0.4 % |
ROE | 2.8 % | 10.5 % | 35.5 % | 7.6 % | -1.2 % |
ROI | 4.4 % | 12.2 % | 42.5 % | 9.7 % | 0.5 % |
Economic value added (EVA) | -7.96 | 284.47 | 1 702.94 | 328.88 | - 120.51 |
Solvency | |||||
Equity ratio | 58.6 % | 71.8 % | 68.6 % | 64.6 % | 62.4 % |
Gearing | 33.2 % | 8.9 % | 6.6 % | 22.2 % | 32.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 1.4 | 2.6 | 1.9 | 1.4 |
Current ratio | 2.0 | 3.2 | 2.7 | 2.5 | 2.4 |
Cash and cash equivalents | 47.33 | 1 044.04 | 3 069.36 | 2 806.79 | 1 909.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | A |
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