Jysk Ejendomskreditselskab A/S — Credit Rating and Financial Key Figures

CVR number: 17888803
Vestergade 1, 8600 Silkeborg
mail@jyskejendomskredit.dk
tel: 86815152
http://alternativfinans.dk/

Credit rating

Company information

Official name
Jysk Ejendomskreditselskab A/S
Personnel
6 persons
Established
1994
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About Jysk Ejendomskreditselskab A/S

Jysk Ejendomskreditselskab A/S (CVR number: 17888803) is a company from SILKEBORG. The company recorded a gross profit of 5822.6 kDKK in 2023. The operating profit was 2552.9 kDKK, while net earnings were 1233.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 61.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Jysk Ejendomskreditselskab A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 593.947 181.747 809.926 077.005 822.58
EBIT2 412.143 973.744 390.482 694.302 552.88
Net earnings1 281.193 114.522 768.651 335.131 233.68
Shareholders equity total1 881.193 714.523 368.652 009.041 996.20
Balance sheet total (assets)19 317.1624 649.5334 584.7014 306.4419 766.77
Net debt14 911.8016 762.5227 421.588 633.6316 191.99
Profitability
EBIT-%
ROA13.2 %22.1 %15.9 %12.2 %16.9 %
ROE66.3 %111.3 %78.2 %49.7 %61.6 %
ROI15.4 %26.0 %18.4 %14.3 %19.9 %
Economic value added (EVA)1 755.852 963.823 299.901 960.531 930.04
Solvency
Equity ratio9.7 %15.1 %9.7 %14.0 %10.1 %
Gearing793.2 %451.5 %814.3 %430.4 %812.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.10.1
Current ratio1.11.01.00.91.1
Cash and cash equivalents10.596.8710.8813.0116.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.1%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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