PALLE JØRGENSEN HOLDING, ODENSE ApS — Credit Rating and Financial Key Figures

CVR number: 25647491
Pederstrupvej 60, Trøstrup 5210 Odense NV
tel: 40428981

Company information

Official name
PALLE JØRGENSEN HOLDING, ODENSE ApS
Established
2000
Domicile
Trøstrup
Company form
Private limited company
Industry

About PALLE JØRGENSEN HOLDING, ODENSE ApS

PALLE JØRGENSEN HOLDING, ODENSE ApS (CVR number: 25647491) is a company from ODENSE. The company recorded a gross profit of 174.8 kDKK in 2023. The operating profit was 98.8 kDKK, while net earnings were 205.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49 %, 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. PALLE JØRGENSEN HOLDING, ODENSE ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit147.99162.06156.13176.14174.77
EBIT77.9992.0686.13106.1498.76
Net earnings447.55425.22- 278.33594.60205.44
Shareholders equity total2 619.112 944.322 565.993 160.593 248.24
Balance sheet total (assets)4 634.644 899.464 565.365 230.676 629.11
Net debt1 866.521 792.191 577.291 451.302 823.66
Profitability
EBIT-%
ROA10.4 %10.5 %-5.3 %13.8 %5.3 %
ROE18.7 %15.3 %-10.1 %20.8 %6.4 %
ROI10.6 %10.7 %-5.5 %15.0 %5.7 %
Economic value added (EVA)- 123.09-96.86-95.85-92.23-53.85
Solvency
Equity ratio56.5 %60.1 %56.2 %60.5 %49.0 %
Gearing73.2 %61.9 %65.2 %51.2 %95.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.71.21.20.4
Current ratio0.60.71.21.20.4
Cash and cash equivalents49.7431.4594.88166.92272.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.30%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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