JO SAFETY A/S — Credit Rating and Financial Key Figures

CVR number: 26172489
Skovalleen 24, 4800 Nykøbing F
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Credit rating

Company information

Official name
JO SAFETY A/S
Personnel
27 persons
Established
2001
Company form
Limited company
Industry

About JO SAFETY A/S

JO SAFETY A/S (CVR number: 26172489) is a company from GULDBORGSUND. The company recorded a gross profit of 15.3 mDKK in 2023. The operating profit was 1629.2 kDKK, while net earnings were 1293.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. JO SAFETY A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit11 873.6917 340.3413 591.8215 154.9215 339.63
EBIT2 297.924 261.761 774.982 772.101 629.18
Net earnings1 930.153 324.501 335.522 135.331 293.31
Shareholders equity total7 717.779 151.2310 511.2612 510.429 764.69
Balance sheet total (assets)18 299.8516 390.3918 542.1019 702.0920 109.91
Net debt6 339.322 599.833 883.06-60.635 052.20
Profitability
EBIT-%
ROA15.2 %26.6 %10.5 %14.9 %9.3 %
ROE28.7 %39.4 %13.6 %18.6 %11.6 %
ROI19.0 %33.0 %13.2 %18.9 %11.6 %
Economic value added (EVA)1 442.682 838.27887.541 593.27722.77
Solvency
Equity ratio42.2 %55.8 %56.7 %63.5 %48.6 %
Gearing87.0 %33.5 %40.5 %20.3 %66.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.11.11.60.8
Current ratio1.42.22.02.61.4
Cash and cash equivalents371.74467.51370.392 599.611 428.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:9.29%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.6%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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