JB Invest Krogager ApS — Credit Rating and Financial Key Figures

CVR number: 43129678
Ansager Landevej 31, Krogager Mk 7200 Grindsted

Credit rating

Company information

Official name
JB Invest Krogager ApS
Established
2022
Domicile
Krogager Mk
Company form
Private limited company
Industry

About JB Invest Krogager ApS

JB Invest Krogager ApS (CVR number: 43129678) is a company from BILLUND. The company recorded a gross profit of 50.4 kDKK in 2023. The operating profit was 38.3 kDKK, while net earnings were 10.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 26.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.1 %, 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. JB Invest Krogager ApS's liquidity measured by quick ratio was 0.2 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
2022
2023
Volume
Net sales
Gross profit20.6550.40
EBIT20.6538.33
Net earnings-4.9110.67
Shareholders equity total35.0945.75
Balance sheet total (assets)841.68889.06
Net debt708.86680.13
Profitability
EBIT-%
ROA2.5 %4.4 %
ROE-14.0 %26.4 %
ROI2.5 %4.6 %
Economic value added (EVA)20.6531.77
Solvency
Equity ratio4.2 %5.1 %
Gearing2226.0 %1759.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.2
Current ratio0.10.2
Cash and cash equivalents72.19124.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:4.43%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.15%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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