JV GRUPPEN ApS — Credit Rating and Financial Key Figures

CVR number: 40288902
Svanevej 24, 7760 Hurup Thy

Company information

Official name
JV GRUPPEN ApS
Established
2019
Company form
Private limited company
Industry

About JV GRUPPEN ApS

JV GRUPPEN ApS (CVR number: 40288902) is a company from THISTED. The company reported a net sales of 5.9 mDKK in 2023, demonstrating a decline of -29.3 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 5.9 mDKK), while net earnings were 5869.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.8 %, which can be considered excellent and Return on Equity (ROE) was 38.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JV GRUPPEN 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 919.404 986.939 419.618 345.505 900.23
Gross profit4 883.614 964.829 388.558 319.705 858.15
EBIT4 883.614 964.829 388.558 319.705 858.15
Net earnings4 894.095 007.959 818.978 309.685 869.87
Shareholders equity total6 494.0911 502.0515 440.1615 749.8414 905.78
Balance sheet total (assets)7 085.3313 694.4616 968.7216 958.2215 830.90
Net debt584.241 924.65- 500.48-6.63-1 182.52
Profitability
EBIT-%99.3 %99.6 %99.7 %99.7 %99.3 %
ROA69.0 %48.4 %64.1 %49.0 %35.8 %
ROE75.4 %55.7 %72.9 %53.3 %38.3 %
ROI69.1 %49.0 %67.9 %53.2 %38.2 %
Economic value added (EVA)4 890.745 216.239 562.278 531.256 196.17
Solvency
Equity ratio91.7 %84.0 %91.0 %92.9 %94.2 %
Gearing9.0 %16.9 %0.5 %0.1 %0.1 %
Relative net indebtedness %12.0 %43.7 %10.1 %14.2 %-4.5 %
Liquidity
Quick ratio0.71.01.60.01.3
Current ratio0.71.01.60.01.3
Cash and cash equivalents14.21576.6519.401 192.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-4.1 %1.3 %9.7 %-13.8 %5.1 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:35.8%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.2%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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