JARLFONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About JARLFONDEN
JARLFONDEN (CVR number: 24245543) is a company from KALUNDBORG. The company recorded a gross profit of 11.3 mDKK in 2023. The operating profit was 2491 kDKK, while net earnings were 1428 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. JARLFONDEN's liquidity measured by quick ratio was 7.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 770.80 | 11 165.80 | 9 562.26 | 12 945.03 | 11 316.56 |
EBIT | 5 712.22 | 4 701.15 | 2 004.96 | 4 470.73 | 2 490.96 |
Net earnings | 5 607.98 | 4 295.16 | 2 801.45 | 417.42 | 1 428.01 |
Shareholders equity total | 80 516.23 | 84 811.43 | 87 612.88 | 88 030.30 | 103 842.99 |
Balance sheet total (assets) | 142 003.20 | 148 174.64 | 152 102.44 | 156 327.27 | 176 420.94 |
Net debt | 30 513.80 | 25 266.64 | 22 118.75 | 26 019.55 | 19 915.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.0 % | 3.9 % | 2.5 % | 3.1 % | 2.4 % |
ROE | 7.2 % | 5.2 % | 3.2 % | 0.5 % | 1.5 % |
ROI | 5.1 % | 4.0 % | 2.5 % | 3.1 % | 2.4 % |
Economic value added (EVA) | - 324.15 | -1 857.64 | -3 861.30 | -2 300.40 | -3 506.63 |
Solvency | |||||
Equity ratio | 56.7 % | 57.2 % | 57.6 % | 56.3 % | 58.9 % |
Gearing | 56.3 % | 54.6 % | 53.3 % | 51.7 % | 43.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.5 | 6.7 | 11.0 | 7.4 | 7.6 |
Current ratio | 9.8 | 8.4 | 13.9 | 11.0 | 10.2 |
Cash and cash equivalents | 14 823.70 | 21 012.24 | 24 554.16 | 19 455.89 | 24 755.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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