JØRGEN BAK HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JØRGEN BAK HOLDING ApS
JØRGEN BAK HOLDING ApS (CVR number: 27186270) is a company from Brønderslev. The company reported a net sales of -0 mDKK in 2023, demonstrating a growth of -90.9 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 0 mDKK), while net earnings were 18.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 48.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. JØRGEN BAK HOLDING ApS's liquidity measured by quick ratio was 1.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | -74.57 | 4.52 | -29.00 | -2.64 | |
| Gross profit | -5.90 | -81.44 | -3.05 | -37.63 | 18.34 |
| EBIT | -5.90 | -81.44 | -3.05 | -37.63 | 18.34 |
| Net earnings | -3.31 | -81.44 | -4.42 | -37.63 | 18.34 |
| Shareholders equity total | 152.48 | 71.04 | 66.61 | 28.99 | 47.33 |
| Balance sheet total (assets) | 181.32 | 106.55 | 111.07 | 82.07 | 105.13 |
| Net debt | 23.64 | 30.51 | 20.07 | 20.07 | -79.93 |
| Profitability | |||||
| EBIT-% | -67.4 % | ||||
| ROA | -1.8 % | -56.6 % | -2.8 % | -39.0 % | 19.6 % |
| ROE | -2.2 % | -72.9 % | -6.4 % | -78.7 % | 48.1 % |
| ROI | -1.9 % | -58.6 % | -3.2 % | -55.4 % | 31.5 % |
| Economic value added (EVA) | -8.34 | -83.73 | -5.00 | -39.12 | 17.28 |
| Solvency | |||||
| Equity ratio | 84.1 % | 66.7 % | 60.0 % | 35.3 % | 45.0 % |
| Gearing | 15.6 % | 42.9 % | 30.1 % | 69.2 % | 42.4 % |
| Relative net indebtedness % | -47.6 % | 982.7 % | -183.0 % | 1597.4 % | |
| Liquidity | |||||
| Quick ratio | 0.0 | 0.0 | 0.0 | 0.0 | 1.7 |
| Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 1.7 |
| Cash and cash equivalents | 0.20 | 0.00 | 0.00 | 0.00 | 100.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 47.6 % | -982.7 % | 183.0 % | -1597.4 % | |
| Credit risk | |||||
| Credit rating | BBB | BB | BBB | BB | BB |
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