GEORG JENSEN DAMASK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 53 478.00 | 57 553.00 | 61 448.00 | 43 984.61 | 36 261.76 |
EBIT | 24 340.00 | 30 697.00 | 36 585.00 | 15 641.99 | 964.64 |
Net earnings | 22 143.00 | 31 841.00 | 35 740.00 | 12 007.14 | 1 983.91 |
Shareholders equity total | 70 034.00 | 85 287.00 | 85 060.00 | 99 774.08 | 91 695.72 |
Balance sheet total (assets) | 95 193.00 | 114 402.00 | 110 624.00 | 140 868.33 | 141 300.65 |
Net debt | -15 191.00 | -35 351.00 | 5 819.00 | 21 492.23 | 28 628.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.8 % | 31.0 % | 32.8 % | 13.5 % | 3.1 % |
ROE | 33.3 % | 41.0 % | 42.0 % | 13.0 % | 2.1 % |
ROI | 31.7 % | 36.9 % | 38.7 % | 15.1 % | 3.4 % |
Economic value added (EVA) | 28 858.82 | 36 628.39 | 27 465.38 | 7 564.90 | -5 191.13 |
Solvency | |||||
Equity ratio | 75.2 % | 77.7 % | 78.9 % | 71.7 % | 65.6 % |
Gearing | 11.2 % | 8.8 % | 8.2 % | 23.0 % | 32.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 4.1 | 3.1 | 3.6 | 3.2 |
Current ratio | 3.8 | 4.5 | 5.1 | 6.4 | 4.0 |
Cash and cash equivalents | 23 051.00 | 42 851.00 | 1 160.00 | 1 482.10 | 1 028.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AA | AAA | AAA |
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