GEORG JENSEN A/S
Credit rating
Company information
About GEORG JENSEN A/S
GEORG JENSEN A/S (CVR number: 26573645) is a company from FREDERIKSBERG. The company reported a net sales of 684.2 mDKK in 2023, demonstrating a decline of -15.7 % compared to the previous year. The operating profit percentage was poor at -5.4 % (EBIT: -36.9 mDKK), while net earnings were -80.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -28.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.6 %, 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. GEORG JENSEN A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 614.00 | 596.00 | 723.00 | 811.37 | 684.17 |
Gross profit | 614.00 | 596.00 | 723.00 | 248.86 | 172.98 |
EBIT | -20.00 | -39.00 | 70.00 | 89.30 | -36.92 |
Net earnings | -48.00 | -45.00 | 67.00 | 167.25 | -80.31 |
Shareholders equity total | 231.00 | 172.00 | 241.00 | 323.56 | 243.25 |
Balance sheet total (assets) | 874.00 | 844.00 | 842.00 | 786.25 | 747.09 |
Net debt | 249.40 | 310.66 | |||
Profitability | |||||
EBIT-% | -3.3 % | -6.5 % | 9.7 % | 11.0 % | -5.4 % |
ROA | -2.3 % | -4.5 % | 8.3 % | 13.3 % | -2.2 % |
ROE | -20.8 % | -22.3 % | 32.4 % | 59.3 % | -28.3 % |
ROI | -2.3 % | -4.5 % | 8.3 % | 14.4 % | -2.7 % |
Economic value added (EVA) | -20.00 | -50.61 | 61.36 | 51.29 | -35.65 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 41.2 % | 32.6 % |
Gearing | 104.7 % | 157.4 % | |||
Relative net indebtedness % | 45.7 % | 62.7 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | |||
Current ratio | 1.1 | 0.9 | |||
Cash and cash equivalents | 89.24 | 72.16 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.7 | 40.1 | |||
Net working capital % | 7.0 % | -4.1 % | |||
Credit risk | |||||
Credit rating | AA | BBB |
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