GEORG JENSEN A/S — Credit Rating and Financial Key Figures
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 663.9 mDKK in 2024, demonstrating a decline of -3 % compared to the previous year. The operating profit percentage was at 76.4 % (EBIT: 506.9 mDKK), while net earnings were 382.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 51.4 %, which can be considered excellent and Return on Equity (ROE) was 66 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.6 %, 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. GEORG JENSEN A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 596.00 | 723.00 | 811.37 | 684.17 | 663.94 |
Gross profit | 596.00 | 723.00 | 248.86 | 172.98 | 651.24 |
EBIT | -39.00 | 70.00 | 89.30 | -36.92 | 506.93 |
Net earnings | -45.00 | 67.00 | 167.25 | -80.31 | 382.70 |
Shareholders equity total | 172.00 | 241.00 | 424.81 | 243.25 | 916.83 |
Balance sheet total (assets) | 844.00 | 842.00 | 786.25 | 747.09 | 1 262.09 |
Net debt | 249.40 | 310.66 | 33.78 | ||
Profitability | |||||
EBIT-% | 11.0 % | -5.4 % | 76.4 % | ||
ROA | 13.3 % | -2.2 % | 51.4 % | ||
ROE | 50.2 % | -24.0 % | 66.0 % | ||
ROI | 14.4 % | -2.7 % | 64.1 % | ||
Economic value added (EVA) | -50.61 | 61.36 | 51.29 | -73.19 | 363.19 |
Solvency | |||||
Equity ratio | 47.9 % | 32.6 % | 72.6 % | ||
Gearing | 79.7 % | 157.4 % | 3.7 % | ||
Relative net indebtedness % | 45.7 % | 62.7 % | 51.3 % | ||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 2.4 | ||
Current ratio | 1.1 | 0.9 | 3.2 | ||
Cash and cash equivalents | 89.24 | 72.16 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.7 | 40.1 | 46.9 | ||
Net working capital % | 7.0 % | -4.1 % | 99.3 % | ||
Credit risk | |||||
Credit rating | AAA | A | AA |
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