KENT JØRGENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28715277
Humleballe 111, Søvind 8700 Horsens

Credit rating

Company information

Official name
KENT JØRGENSEN HOLDING ApS
Established
2005
Domicile
Søvind
Company form
Private limited company
Industry

About KENT JØRGENSEN HOLDING ApS

KENT JØRGENSEN HOLDING ApS (CVR number: 28715277) is a company from HORSENS. The company recorded a gross profit of -41.1 kDKK in 2023. The operating profit was 72.4 kDKK, while net earnings were -75.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.4 %, 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. KENT JØRGENSEN HOLDING ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-21.90-11.49-9.2817.93-41.07
EBIT-21.90-11.49-9.2863.3872.38
Net earnings722.86-23.695.53- 102.49-75.74
Shareholders equity total1 901.051 822.061 771.091 611.401 476.76
Balance sheet total (assets)2 325.902 155.142 110.736 226.876 069.43
Net debt-1 893.08-1 807.41-1 758.003 470.984 505.50
Profitability
EBIT-%
ROA37.0 %-0.5 %1.2 %1.5 %1.3 %
ROE46.1 %-1.3 %0.3 %-6.1 %-4.9 %
ROI37.1 %-0.5 %1.2 %1.6 %1.3 %
Economic value added (EVA)47.6111.738.5165.6817.34
Solvency
Equity ratio81.7 %84.5 %83.9 %25.9 %24.4 %
Gearing22.1 %18.0 %18.9 %266.7 %308.8 %
Relative net indebtedness %
Liquidity
Quick ratio5.56.56.20.20.0
Current ratio5.56.56.20.20.0
Cash and cash equivalents2 312.932 135.492 092.64826.2654.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.29%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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