J. SECHER ApS — Credit Rating and Financial Key Figures

CVR number: 32891535
Ågeslundvej 19, 7200 Grindsted
jesper@secher-aps.dk
tel: 22141477

Company information

Official name
J. SECHER ApS
Personnel
8 persons
Established
2010
Company form
Private limited company
Industry

About J. SECHER ApS

J. SECHER ApS (CVR number: 32891535) is a company from BILLUND. The company recorded a gross profit of 3428.4 kDKK in 2023. The operating profit was 257.3 kDKK, while net earnings were 137 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26 %, 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. J. SECHER ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 279.263 050.343 553.953 208.793 428.42
EBIT- 330.53854.801 432.18352.25257.27
Net earnings- 298.75640.601 113.66257.60136.98
Shareholders equity total1 299.121 939.733 053.391 310.991 147.97
Balance sheet total (assets)2 245.183 818.583 993.113 020.144 423.49
Net debt471.25635.99- 870.18- 126.041 461.86
Profitability
EBIT-%
ROA-12.0 %28.8 %37.3 %10.1 %6.9 %
ROE-20.6 %39.6 %44.6 %11.8 %11.1 %
ROI-16.8 %40.0 %51.1 %15.4 %12.2 %
Economic value added (EVA)- 345.91619.731 018.90166.97147.22
Solvency
Equity ratio57.9 %50.8 %76.5 %43.4 %26.0 %
Gearing36.3 %32.8 %9.8 %127.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.54.61.10.8
Current ratio2.22.06.11.71.1
Cash and cash equivalents870.18254.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:6.91%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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