ELSE OG ERIK JØRGENSENS ALMENNYTTIGE FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELSE OG ERIK JØRGENSENS ALMENNYTTIGE FOND
ELSE OG ERIK JØRGENSENS ALMENNYTTIGE FOND (CVR number: 26970059) is a company from KØBENHAVN. The company recorded a gross profit of -687.4 kDKK in 2023. The operating profit was -737.4 kDKK, while net earnings were -797.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -17.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63 %, 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. ELSE OG ERIK JØRGENSENS ALMENNYTTIGE FOND's liquidity measured by quick ratio was 2.7 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 | 133.41 | 187.98 | 292.43 | -2 166.75 | - 687.37 |
EBIT | 130.26 | 179.33 | 292.43 | -2 266.75 | - 737.37 |
Net earnings | 85.47 | 138.31 | 285.41 | -2 341.31 | - 797.52 |
Shareholders equity total | 7 156.30 | 7 239.61 | 7 450.02 | 5 033.71 | 4 236.19 |
Balance sheet total (assets) | 8 607.88 | 9 610.09 | 9 870.68 | 7 527.76 | 6 726.82 |
Net debt | - 431.92 | - 543.16 | 1 455.19 | 1 576.68 | 2 045.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | 2.0 % | 3.4 % | -26.1 % | -10.3 % |
ROE | 2.0 % | 1.9 % | 3.9 % | -37.5 % | -17.2 % |
ROI | 3.0 % | 2.5 % | 3.9 % | -26.3 % | -10.5 % |
Economic value added (EVA) | 74.37 | 135.28 | -26.73 | -2 714.18 | -1 081.63 |
Solvency | |||||
Equity ratio | 83.1 % | 75.3 % | 75.5 % | 66.9 % | 63.0 % |
Gearing | 30.2 % | 44.7 % | 53.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 0.2 | 14.3 | 6.4 | 2.7 |
Current ratio | 4.2 | 0.2 | 14.3 | 6.4 | 2.7 |
Cash and cash equivalents | 431.92 | 543.16 | 792.55 | 671.06 | 202.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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