Jørgen Jørgensen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Jørgen Jørgensen Holding ApS
Jørgen Jørgensen Holding ApS (CVR number: 40277390) is a company from THISTED. The company recorded a gross profit of -4 kDKK in 2023. The operating profit was -4 kDKK, while net earnings were 3.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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. Jørgen Jørgensen Holding ApS's liquidity measured by quick ratio was 1.2 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 | -6.29 | -3.50 | -4.00 | -4.00 | -4.00 |
EBIT | -6.29 | -3.50 | -4.00 | -4.00 | -4.00 |
Net earnings | 36.28 | 22.39 | 23.25 | 11.62 | 3.16 |
Shareholders equity total | 36.29 | 58.68 | 81.93 | 93.55 | 96.71 |
Balance sheet total (assets) | 68.06 | 94.59 | 122.55 | 138.97 | 147.49 |
Net debt | 29.27 | 33.41 | 38.13 | -18.34 | -13.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 53.0 % | 29.1 % | 22.1 % | 9.5 % | 3.1 % |
ROE | 100.0 % | 47.2 % | 33.1 % | 13.2 % | 3.3 % |
ROI | 55.1 % | 30.1 % | 22.6 % | 9.7 % | 3.2 % |
Economic value added (EVA) | -5.68 | -1.48 | 2.04 | 2.94 | 1.56 |
Solvency | |||||
Equity ratio | 53.3 % | 62.0 % | 66.8 % | 67.3 % | 65.6 % |
Gearing | 80.7 % | 56.9 % | 46.5 % | 45.9 % | 49.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 1.3 | 1.2 | ||
Current ratio | 0.0 | 1.3 | 1.2 | ||
Cash and cash equivalents | 61.27 | 61.30 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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