JARGAR STRINGS ApS — Credit Rating and Financial Key Figures

CVR number: 10533295
Transformervej 19, 2860 Søborg
tel: 35374015

Credit rating

Company information

Official name
JARGAR STRINGS ApS
Personnel
25 persons
Established
1986
Company form
Private limited company
Industry
  • Expand more icon32Other manufacturing

About JARGAR STRINGS ApS

JARGAR STRINGS ApS (CVR number: 10533295) is a company from GLADSAXE. The company recorded a gross profit of 10.2 mDKK in 2023. The operating profit was -690.2 kDKK, while net earnings were -490.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JARGAR STRINGS ApS's liquidity measured by quick ratio was 5.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 685.758 457.538 891.459 263.4010 197.02
EBIT1 499.50457.411 212.46-96.35- 690.16
Net earnings1 158.87322.001 003.94- 795.38- 490.85
Shareholders equity total13 375.1113 697.1114 701.0613 905.6813 414.83
Balance sheet total (assets)14 618.3315 389.1616 128.3914 922.3814 666.57
Net debt-6 707.30-6 781.13-2 915.78-2 628.19-4 202.56
Profitability
EBIT-%
ROA10.8 %3.1 %8.4 %0.8 %-4.1 %
ROE9.1 %2.4 %7.1 %-5.6 %-3.6 %
ROI11.7 %3.4 %9.3 %0.9 %-4.4 %
Economic value added (EVA)818.0822.28603.67- 667.88-1 109.10
Solvency
Equity ratio91.5 %89.0 %94.1 %93.8 %91.5 %
Gearing0.1 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio8.45.54.85.05.4
Current ratio11.27.65.37.19.5
Cash and cash equivalents6 724.066 914.372 915.782 628.194 202.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:-4.11%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.5%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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