JARGAR STRINGS ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
JARGAR STRINGS ApS
Personnel
20 persons
Established
1986
Company form
Private limited company
Industry

About JARGAR STRINGS ApS

JARGAR STRINGS ApS (CVR number: 10533295) is a company from GLADSAXE. The company recorded a gross profit of 9286.7 kDKK in 2024. The operating profit was -2647.2 kDKK, while net earnings were -3031.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.4 %, which can be considered poor and Return on Equity (ROE) was -25.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.6 %, 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 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 457.538 891.459 263.4010 197.029 286.66
EBIT457.411 212.46-96.35- 690.16-2 647.24
Net earnings322.001 003.94- 795.38- 490.85-3 031.54
Shareholders equity total13 697.1114 701.0613 905.6813 414.8310 383.29
Balance sheet total (assets)15 389.1616 128.3914 922.3814 666.5712 477.73
Net debt-6 781.13-2 915.78-2 628.19-4 202.56135.71
Profitability
EBIT-%
ROA3.1 %8.4 %0.8 %-4.1 %-19.4 %
ROE2.4 %7.1 %-5.6 %-3.6 %-25.5 %
ROI3.4 %9.3 %0.9 %-4.4 %-21.1 %
Economic value added (EVA)- 317.05249.53- 814.40-1 241.16-3 699.15
Solvency
Equity ratio89.0 %94.1 %93.8 %91.5 %83.6 %
Gearing1.0 %11.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.54.85.05.41.2
Current ratio7.65.37.19.55.1
Cash and cash equivalents6 914.372 915.782 628.194 202.561 009.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-19.4%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.6%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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