GEORG JENSEN DAMASK A/S — Credit Rating and Financial Key Figures

CVR number: 68435412
Dieselvej 1, 6000 Kolding
gjd@georgjensen-damask.dk
tel: 75521785

Credit rating

Company information

Official name
GEORG JENSEN DAMASK A/S
Personnel
63 persons
Established
1982
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About GEORG JENSEN DAMASK A/S

GEORG JENSEN DAMASK A/S (CVR number: 68435412) is a company from KOLDING. The company recorded a gross profit of 36.3 mDKK in 2023. The operating profit was 964.6 kDKK, while net earnings were 1983.9 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 2.1 %, 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. GEORG JENSEN DAMASK A/S's liquidity measured by quick ratio was 3.2 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
20192020202120222023
Volume
Net sales
Gross profit53 478.0057 553.0061 448.0043 984.6136 261.76
EBIT24 340.0030 697.0036 585.0015 641.99964.64
Net earnings22 143.0031 841.0035 740.0012 007.141 983.91
Shareholders equity total70 034.0085 287.0085 060.0099 774.0891 695.72
Balance sheet total (assets)95 193.00114 402.00110 624.00140 868.33141 300.65
Net debt-15 191.00-35 351.005 819.0021 492.2328 628.11
Profitability
EBIT-%
ROA26.8 %31.0 %32.8 %13.5 %3.1 %
ROE33.3 %41.0 %42.0 %13.0 %2.1 %
ROI31.7 %36.9 %38.7 %15.1 %3.4 %
Economic value added (EVA)28 858.8236 628.3927 465.387 564.90-5 191.13
Solvency
Equity ratio75.2 %77.7 %78.9 %71.7 %65.6 %
Gearing11.2 %8.8 %8.2 %23.0 %32.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.14.13.13.63.2
Current ratio3.84.55.16.44.0
Cash and cash equivalents23 051.0042 851.001 160.001 482.101 028.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:3.08%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.6%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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