Jordens Farver ApS — Credit Rating and Financial Key Figures

CVR number: 37913855
Farvervej 10, 7600 Struer
info@jordensfarver.dk
tel: 70555300
https://jordensfarver.dk

Credit rating

Company information

Official name
Jordens Farver ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Jordens Farver ApS

Jordens Farver ApS (CVR number: 37913855) is a company from STRUER. The company recorded a gross profit of 68.8 kDKK in 2023. The operating profit was 4 kDKK, while net earnings were -32.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Jordens Farver 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
20192020202120222023
Volume
Net sales
Gross profit-61.2631.52121.00-34.6668.81
EBIT-71.7221.05110.53-43.563.97
Net earnings-85.166.1988.87-59.20-32.15
Shareholders equity total- 195.58- 189.38- 100.51- 159.71- 191.86
Balance sheet total (assets)228.79232.27384.92331.74235.68
Net debt390.81287.15334.73188.03133.12
Profitability
EBIT-%
ROA-19.1 %5.0 %24.4 %-8.9 %0.9 %
ROE-38.4 %2.7 %28.8 %-16.5 %-11.3 %
ROI-21.6 %5.6 %31.7 %-16.7 %2.5 %
Economic value added (EVA)-65.8331.08122.30-38.5112.00
Solvency
Equity ratio-46.1 %-44.9 %-20.7 %-32.5 %-44.9 %
Gearing-201.9 %-175.4 %-333.0 %-117.7 %-69.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.00.10.2
Current ratio0.50.50.80.80.6
Cash and cash equivalents4.0344.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:0.86%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-44.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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