T Jørgensen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T Jørgensen Holding ApS
T Jørgensen Holding ApS (CVR number: 38557351) is a company from VEJLE. The company recorded a gross profit of -8.5 kDKK in 2023. The operating profit was -8.5 kDKK, while net earnings were 135.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. T Jørgensen Holding ApS's liquidity measured by quick ratio was 1.3 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -13.06 | -13.90 | -6.30 | -8.16 | -8.46 |
EBIT | -13.06 | -13.90 | -6.30 | -8.16 | -8.46 |
Net earnings | -31.38 | 1 585.73 | 882.82 | 985.12 | 135.64 |
Shareholders equity total | 442.23 | 999.47 | 1 870.20 | 2 740.92 | 2 758.76 |
Balance sheet total (assets) | 2 359.01 | 2 957.64 | 3 771.07 | 4 621.91 | 4 631.82 |
Net debt | 1 910.53 | 1 932.53 | 1 874.76 | 659.76 | 626.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.3 % | 66.8 % | 28.4 % | 25.2 % | 3.4 % |
ROE | -6.5 % | 220.0 % | 61.5 % | 42.7 % | 4.9 % |
ROI | 3.3 % | 67.2 % | 28.6 % | 25.3 % | 3.4 % |
Economic value added (EVA) | 5.67 | 2.16 | 57.70 | 20.16 | 45.87 |
Solvency | |||||
Equity ratio | 18.7 % | 33.8 % | 49.6 % | 59.3 % | 59.6 % |
Gearing | 432.0 % | 193.9 % | 100.5 % | 68.4 % | 67.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 0.7 | 1.3 | 1.3 |
Current ratio | 0.8 | 0.8 | 0.7 | 1.3 | 1.3 |
Cash and cash equivalents | 4.95 | 4.87 | 1 214.98 | 1 240.27 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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