JGEC LANDBRUG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JGEC LANDBRUG ApS
JGEC LANDBRUG ApS (CVR number: 28303998) is a company from RANDERS. The company recorded a gross profit of -446.9 kDKK in 2023. The operating profit was -459.9 kDKK, while net earnings were -398 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.2 %, which can be considered poor and Return on Equity (ROE) was -58.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.8 %, 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. JGEC LANDBRUG ApS's liquidity measured by quick ratio was 3.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 320.66 | - 328.01 | 262.65 | 732.42 | - 446.93 |
EBIT | 307.64 | - 341.03 | 249.63 | 719.40 | - 459.94 |
Net earnings | 208.69 | - 407.60 | 204.00 | 548.50 | - 397.99 |
Shareholders equity total | 539.35 | 131.75 | 335.75 | 884.25 | 486.26 |
Balance sheet total (assets) | 1 591.10 | 965.15 | 865.59 | 1 698.78 | 677.61 |
Net debt | - 358.30 | 38.80 | -24.90 | 27.90 | 162.54 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.0 % | -26.7 % | 30.7 % | 57.4 % | -38.2 % |
ROE | 48.0 % | -121.5 % | 87.3 % | 89.9 % | -58.1 % |
ROI | 56.4 % | -81.2 % | 109.8 % | 116.9 % | -57.7 % |
Economic value added (EVA) | 222.80 | - 346.31 | 243.34 | 561.33 | - 402.12 |
Solvency | |||||
Equity ratio | 33.9 % | 13.7 % | 38.8 % | 52.1 % | 71.8 % |
Gearing | 23.0 % | 34.4 % | 3.2 % | 33.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.1 | 1.5 | 1.2 | 3.3 |
Current ratio | 1.4 | 1.1 | 1.5 | 2.1 | 3.3 |
Cash and cash equivalents | 482.34 | 6.53 | 24.90 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BB |
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