JØRGENSEN & KRISTENSEN TRANSPORT A/S — Credit Rating and Financial Key Figures

JØRGENSEN & KRISTENSEN TRANSPORT A/S (CVR number: 11801897) is a company from VARDE. The company recorded a gross profit of 29 kDKK in 2023. The operating profit was -134.2 kDKK, while net earnings were -386.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.3 %, which can be considered poor and Return on Equity (ROE) was -105 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22 %, 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. JØRGENSEN & KRISTENSEN TRANSPORT 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.