JAEDE HANDEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JAEDE HANDEL A/S
JAEDE HANDEL A/S (CVR number: 14281681) is a company from AALBORG. The company recorded a gross profit of 2876.2 kDKK in 2024. The operating profit was -131 kDKK, while net earnings were 4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JAEDE HANDEL A/S's liquidity measured by quick ratio was 13 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 920.20 | 3 002.81 | 2 804.82 | 2 835.34 | 2 876.18 |
EBIT | 384.18 | 309.53 | 42.63 | 312.81 | - 131.04 |
Net earnings | 323.67 | 333.55 | - 125.63 | 308.30 | 4.44 |
Shareholders equity total | 1 625.07 | 1 958.62 | 1 832.99 | 2 141.29 | 2 145.73 |
Balance sheet total (assets) | 3 870.54 | 4 987.59 | 3 125.84 | 3 323.37 | 2 319.16 |
Net debt | -2 704.54 | -2 972.94 | -2 006.13 | -2 008.80 | -1 835.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.5 % | 10.7 % | 3.9 % | 13.3 % | 1.2 % |
ROE | 22.1 % | 18.6 % | -6.6 % | 15.5 % | 0.2 % |
ROI | 28.8 % | 24.9 % | 8.0 % | 21.5 % | 1.6 % |
Economic value added (EVA) | 310.26 | 295.40 | 84.30 | 252.36 | - 107.74 |
Solvency | |||||
Equity ratio | 42.0 % | 39.3 % | 58.6 % | 64.4 % | 92.5 % |
Gearing | 1.0 % | 0.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.7 | 2.0 | 13.0 |
Current ratio | 1.7 | 1.7 | 2.3 | 2.7 | 13.0 |
Cash and cash equivalents | 2 704.54 | 2 972.94 | 2 006.13 | 2 030.98 | 1 842.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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