JBH Gruppen A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JBH Gruppen A/S
JBH Gruppen A/S (CVR number: 31346711K) is a company from HEDENSTED. The company reported a net sales of 2708.7 mDKK in 2023, demonstrating a growth of 11 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 70.9 mDKK), while net earnings were 52.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.8 %, 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. JBH Gruppen A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 853.85 | 1 917.92 | 2 142.61 | 2 440.89 | 2 708.68 |
Gross profit | 162.17 | 179.38 | 148.18 | 101.97 | 153.58 |
EBIT | 91.90 | 110.00 | 66.86 | 25.11 | 70.89 |
Net earnings | 69.08 | 84.48 | 51.62 | 16.72 | 52.44 |
Shareholders equity total | 327.15 | 410.76 | 460.65 | 476.80 | 528.21 |
Balance sheet total (assets) | 869.54 | 927.03 | 997.69 | 1 190.32 | 1 206.01 |
Net debt | 1.01 | - 133.85 | -23.87 | 168.41 | 49.09 |
Profitability | |||||
EBIT-% | 5.0 % | 5.7 % | 3.1 % | 1.0 % | 2.6 % |
ROA | 10.9 % | 12.2 % | 6.9 % | 2.3 % | 5.9 % |
ROE | 23.6 % | 22.9 % | 11.8 % | 3.6 % | 10.4 % |
ROI | 19.5 % | 21.0 % | 12.1 % | 3.8 % | 9.5 % |
Economic value added (EVA) | 55.11 | 72.59 | 38.21 | -3.04 | 26.37 |
Solvency | |||||
Equity ratio | 37.6 % | 44.3 % | 46.2 % | 40.1 % | 43.8 % |
Gearing | 27.0 % | 3.8 % | 2.9 % | 35.4 % | 23.9 % |
Relative net indebtedness % | 20.8 % | 14.8 % | 19.2 % | 25.1 % | 18.6 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 1.1 | 1.0 | 1.2 |
Current ratio | 1.0 | 1.2 | 1.2 | 1.1 | 1.2 |
Cash and cash equivalents | 87.30 | 149.49 | 37.19 | 0.14 | 77.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 49.3 | 48.0 | 63.7 | 67.6 | 51.9 |
Net working capital % | 0.1 % | 4.5 % | 3.1 % | 2.3 % | 4.1 % |
Credit risk | |||||
Credit rating | AA | AA | A | A | AA |
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