JOHN JENSEN A/S, VVS INSTALLATIONER — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOHN JENSEN A/S, VVS INSTALLATIONER
JOHN JENSEN A/S, VVS INSTALLATIONER (CVR number: 40272712) is a company from Høje-Taastrup. The company reported a net sales of 339.6 mDKK in 2023, demonstrating a growth of 7.7 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 13.6 mDKK), while net earnings were 10.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 51.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JOHN JENSEN A/S, VVS INSTALLATIONER's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 315 396.04 | 339 580.41 | |||
Gross profit | 119 326.00 | 127 133.00 | 117 643.00 | 160 342.57 | 177 455.37 |
EBIT | 14 487.00 | 14 877.00 | -4 140.00 | 2 338.93 | 13 638.57 |
Net earnings | 11 071.00 | 11 226.00 | -3 580.00 | 1 517.89 | 10 461.80 |
Shareholders equity total | 27 071.00 | 29 226.00 | 15 420.00 | 16 937.86 | 23 879.66 |
Balance sheet total (assets) | 81 927.00 | 96 045.00 | 73 745.00 | 92 093.11 | 108 933.89 |
Net debt | -21 031.00 | -31 052.00 | 1 631.00 | -5 353.47 | -8.59 |
Profitability | |||||
EBIT-% | 0.7 % | 4.0 % | |||
ROA | 19.3 % | 16.7 % | -4.9 % | 3.0 % | 13.8 % |
ROE | 46.6 % | 39.9 % | -16.0 % | 9.4 % | 51.3 % |
ROI | 52.1 % | 45.0 % | -15.0 % | 10.0 % | 44.2 % |
Economic value added (EVA) | 10 712.03 | 11 228.68 | -3 190.17 | 964.73 | 9 989.75 |
Solvency | |||||
Equity ratio | 35.4 % | 33.6 % | 22.8 % | 18.4 % | 21.9 % |
Gearing | 10.7 % | 0.6 % | 0.2 % | ||
Relative net indebtedness % | 18.4 % | 22.0 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 1.4 | 1.3 | 1.4 |
Current ratio | 1.6 | 1.5 | 1.3 | 1.4 | 1.4 |
Cash and cash equivalents | 21 031.00 | 31 052.00 | 20.00 | 5 446.70 | 58.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 68.0 | 85.3 | |||
Net working capital % | 8.0 % | 9.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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