JAS KIBÆK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JAS KIBÆK A/S
JAS KIBÆK A/S (CVR number: 12065949) is a company from HERNING. The company recorded a gross profit of 370.6 kDKK in 2018. The operating profit was -1020.8 kDKK, while net earnings were -1038.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.7 %, which can be considered poor and Return on Equity (ROE) was -85.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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. JAS KIBÆK A/S's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 1 314.37 | 1 178.56 | 370.62 |
EBIT | 413.28 | 128.35 | -1 020.82 |
Net earnings | 417.48 | 136.26 | -1 038.14 |
Shareholders equity total | 1 781.77 | 1 778.03 | 639.89 |
Balance sheet total (assets) | 2 802.60 | 2 947.50 | 2 900.43 |
Net debt | 26.93 | 56.89 | 1 011.81 |
Profitability | |||
EBIT-% | |||
ROA | 14.8 % | 4.7 % | -34.7 % |
ROE | 23.4 % | 7.7 % | -85.9 % |
ROI | 21.2 % | 6.8 % | -56.1 % |
Economic value added (EVA) | 433.81 | 60.35 | -1 091.11 |
Solvency | |||
Equity ratio | 63.6 % | 60.3 % | 22.6 % |
Gearing | 10.0 % | 10.9 % | 158.1 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.0 | 1.1 | 0.5 |
Current ratio | 2.7 | 2.5 | 1.3 |
Cash and cash equivalents | 151.11 | 136.68 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | BBB | BB |
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