Jorenku A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Jorenku A/S
Jorenku A/S (CVR number: 38474669) is a company from NÆSTVED. The company recorded a gross profit of 4764.2 kDKK in 2023. The operating profit was -3630.4 kDKK, while net earnings were -3135.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.8 %, which can be considered poor and Return on Equity (ROE) was -58.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Jorenku 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 547.00 | 11 153.50 | 10 741.39 | 11 898.88 | 4 764.25 |
EBIT | -2 658.00 | 1 318.26 | 2 868.27 | 3 550.83 | -3 630.38 |
Net earnings | -2 268.70 | 786.84 | 2 114.08 | 2 691.53 | -3 135.64 |
Shareholders equity total | 2 799.19 | 3 586.03 | 5 700.11 | 7 391.64 | 3 256.01 |
Balance sheet total (assets) | 9 587.89 | 10 162.99 | 11 729.49 | 15 564.06 | 10 741.59 |
Net debt | 4 737.06 | 3 318.00 | 1 575.60 | 187.33 | 3 993.86 |
Profitability | |||||
EBIT-% | |||||
ROA | -25.4 % | 13.8 % | 27.4 % | 27.9 % | -26.8 % |
ROE | -68.1 % | 24.6 % | 45.5 % | 41.1 % | -58.9 % |
ROI | -34.1 % | 18.0 % | 35.6 % | 37.1 % | -37.4 % |
Economic value added (EVA) | -2 360.63 | 764.97 | 1 879.39 | 2 390.90 | -3 188.20 |
Solvency | |||||
Equity ratio | 29.2 % | 35.3 % | 48.6 % | 47.5 % | 30.3 % |
Gearing | 169.3 % | 98.8 % | 54.1 % | 44.3 % | 122.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 1.2 | 2.0 | 1.6 | 1.2 |
Current ratio | 1.0 | 2.6 | 3.4 | 2.7 | 2.5 |
Cash and cash equivalents | 0.96 | 225.96 | 1 507.65 | 3 085.74 | 1.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | AA | AA | BBB |
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