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

CVR number: 68435412
Dieselvej 1, 6000 Kolding
gjd@georgjensen-damask.dk
tel: 76333669
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Company information

Official name
GEORG JENSEN DAMASK A/S
Personnel
64 persons
Established
1982
Company form
Limited company
Industry

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 56.1 mDKK in 2024. The operating profit was 25.9 mDKK, while net earnings were 21.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.5 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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 3.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit57 553.0061 448.0043 984.6136 261.7656 110.99
EBIT30 697.0036 585.0015 282.00964.6425 872.69
Net earnings24 832.0027 820.0012 007.001 983.9121 396.88
Shareholders equity total85 287.0085 060.0099 774.0091 695.7288 148.07
Balance sheet total (assets)114 402.00110 624.00140 868.00141 300.65147 151.47
Net debt-35 351.005 819.0021 492.2328 628.1128 198.24
Profitability
EBIT-%
ROA31.0 %32.8 %13.2 %3.1 %20.5 %
ROE32.0 %32.7 %13.0 %2.1 %23.8 %
ROI36.9 %38.7 %14.8 %3.4 %23.1 %
Economic value added (EVA)19 889.6223 678.437 125.18-5 787.7713 723.26
Solvency
Equity ratio77.7 %78.9 %71.7 %65.6 %60.5 %
Gearing8.8 %8.2 %23.0 %32.3 %36.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.13.13.63.23.6
Current ratio4.55.16.44.04.3
Cash and cash equivalents42 851.001 160.001 482.101 028.224 309.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:20.5%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.5%
Rating: 47/100
-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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