JULEMÆRKEFONDEN
Credit rating
Company information
About JULEMÆRKEFONDEN
JULEMÆRKEFONDEN (CVR number: 38883410) is a company from ROSKILDE. The company reported a net sales of 137.7 mDKK in 2023, demonstrating a decline of -12.1 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 1.4 mDKK), while net earnings were 13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JULEMÆRKEFONDEN's liquidity measured by quick ratio was 10.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 116.75 | 125.18 | 125.58 | 156.65 | 137.70 |
Gross profit | 87.79 | 92.23 | 85.82 | 115.45 | 90.01 |
EBIT | 6.89 | 9.22 | 5.07 | 30.62 | 1.36 |
Net earnings | 14.53 | 14.08 | 11.64 | 14.96 | 13.19 |
Shareholders equity total | 106.02 | 122.10 | 135.74 | 152.69 | 167.88 |
Balance sheet total (assets) | 135.03 | 156.91 | 159.57 | 180.94 | 187.00 |
Net debt | - 112.30 | - 134.71 | - 136.06 | - 158.01 | - 162.87 |
Profitability | |||||
EBIT-% | 5.9 % | 7.4 % | 4.0 % | 19.5 % | 1.0 % |
ROA | 12.1 % | 10.0 % | 7.4 % | 20.3 % | 7.2 % |
ROE | 14.7 % | 12.3 % | 9.0 % | 10.4 % | 8.2 % |
ROI | 14.8 % | 12.7 % | 9.1 % | 24.0 % | 8.2 % |
Economic value added (EVA) | 8.28 | 11.15 | 7.32 | 32.26 | 3.25 |
Solvency | |||||
Equity ratio | 83.0 % | 74.9 % | 81.5 % | 83.6 % | 90.0 % |
Gearing | |||||
Relative net indebtedness % | -71.3 % | -79.8 % | -89.4 % | -82.8 % | -104.4 % |
Liquidity | |||||
Quick ratio | 6.8 | 6.4 | 7.7 | 8.2 | 10.6 |
Current ratio | 4.9 | 5.3 | 6.4 | 6.1 | 9.4 |
Cash and cash equivalents | 112.30 | 134.71 | 136.06 | 158.01 | 162.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 44.1 | 38.7 | 38.1 | 30.1 | 41.0 |
Net working capital % | -0.2 % | -0.3 % | 4.1 % | 7.6 % | 7.8 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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