J. DAMSGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34611882
Merkurvej 3, 8270 Højbjerg

Company information

Official name
J. DAMSGAARD HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About J. DAMSGAARD HOLDING ApS

J. DAMSGAARD HOLDING ApS (CVR number: 34611882) is a company from AARHUS. The company recorded a gross profit of -6.4 kDKK in 2023. The operating profit was -6.4 kDKK, while net earnings were 255.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. J. DAMSGAARD HOLDING ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.46-7.62-7.95-7.09-6.38
EBIT-2.46-7.62-7.95-7.09-6.38
Net earnings262.701 405.92522.84- 368.31255.08
Shareholders equity total1 512.222 807.533 217.372 849.063 472.86
Balance sheet total (assets)1 932.213 581.044 093.114 027.814 851.48
Net debt29.36-19.44410.11755.93939.73
Profitability
EBIT-%
ROA13.3 %51.3 %13.8 %-8.8 %6.9 %
ROE18.3 %65.1 %17.4 %-12.1 %8.1 %
ROI17.6 %63.9 %16.4 %-9.8 %7.6 %
Economic value added (EVA)7.59-0.7092.91120.84132.15
Solvency
Equity ratio78.3 %78.4 %78.6 %70.7 %71.6 %
Gearing3.4 %1.8 %12.7 %26.5 %27.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.60.80.30.3
Current ratio1.01.60.80.30.3
Cash and cash equivalents21.6269.6328.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:6.91%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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