J. HJORTSHØJ A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. HJORTSHØJ A/S
J. HJORTSHØJ A/S (CVR number: 12082789) is a company from AARHUS. The company recorded a gross profit of -274.5 kDKK in 2023. The operating profit was -1864.8 kDKK, while net earnings were 15.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.6 %, 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. J. HJORTSHØJ A/S's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 193.05 | -1 290.17 | - 510.38 | - 331.44 | - 274.45 |
| EBIT | - 668.24 | -2 203.00 | -1 496.24 | -1 316.62 | -1 864.82 |
| Net earnings | 9 855.49 | 17 768.68 | -12 510.85 | 7 693.26 | 15 745.34 |
| Shareholders equity total | 40 765.30 | 56 373.99 | 43 363.13 | 50 506.39 | 65 780.53 |
| Balance sheet total (assets) | 86 512.02 | 93 382.23 | 81 345.71 | 88 148.66 | 103 357.46 |
| Net debt | -7 401.58 | -36 845.53 | -25 883.80 | -35 160.65 | -52 920.39 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.4 % | 23.7 % | 4.5 % | 10.4 % | 20.6 % |
| ROE | 27.3 % | 36.6 % | -25.1 % | 16.4 % | 27.1 % |
| ROI | 14.4 % | 24.2 % | 4.6 % | 10.4 % | 20.9 % |
| Economic value added (EVA) | - 187.42 | 1 749.44 | - 544.46 | 136.49 | - 126.07 |
| Solvency | |||||
| Equity ratio | 47.1 % | 60.4 % | 53.3 % | 57.3 % | 63.6 % |
| Gearing | 111.7 % | 59.7 % | 86.1 % | 73.8 % | 53.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 2.3 | 1.7 | 1.9 | 2.3 |
| Current ratio | 1.2 | 2.3 | 1.7 | 1.9 | 2.3 |
| Cash and cash equivalents | 52 921.75 | 70 507.05 | 63 210.44 | 72 448.36 | 87 808.66 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | A | A | AA | AA |
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