JGEC LANDBRUG ApS — Credit Rating and Financial Key Figures

CVR number: 28303998
Lindevej 10, Linde 8981 Spentrup
jgec@mail.dk
tel: 21839511

Credit rating

Company information

Official name
JGEC LANDBRUG ApS
Established
2004
Domicile
Linde
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit320.66- 328.01262.65732.42- 446.93
EBIT307.64- 341.03249.63719.40- 459.94
Net earnings208.69- 407.60204.00548.50- 397.99
Shareholders equity total539.35131.75335.75884.25486.26
Balance sheet total (assets)1 591.10965.15865.591 698.78677.61
Net debt- 358.3038.80-24.9027.90162.54
Profitability
EBIT-%
ROA26.0 %-26.7 %30.7 %57.4 %-38.2 %
ROE48.0 %-121.5 %87.3 %89.9 %-58.1 %
ROI56.4 %-81.2 %109.8 %116.9 %-57.7 %
Economic value added (EVA)222.80- 346.31243.34561.33- 402.12
Solvency
Equity ratio33.9 %13.7 %38.8 %52.1 %71.8 %
Gearing23.0 %34.4 %3.2 %33.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.11.51.23.3
Current ratio1.41.11.52.13.3
Cash and cash equivalents482.346.5324.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-38.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.8%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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