TJELLESEN MAX JENNE A/S — Credit Rating and Financial Key Figures

CVR number: 79091812
Ole Lippmanns Vej 2, Høje Taastrup 2630 Taastrup

Credit rating

Company information

Official name
TJELLESEN MAX JENNE A/S
Personnel
326 persons
Established
1985
Domicile
Høje Taastrup
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About TJELLESEN MAX JENNE A/S

TJELLESEN MAX JENNE A/S (CVR number: 79091812) is a company from Høje-Taastrup. The company reported a net sales of 4173 mDKK in 2023, demonstrating a decline of -1.5 % compared to the previous year. The operating profit percentage was at 0.3 % (EBIT: 12.9 mDKK), while net earnings were 1584 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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. TJELLESEN MAX JENNE A/S's liquidity measured by quick ratio was 1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 738.423 672.323 790.854 238.594 172.97
Gross profit160.72149.29148.70147.28145.94
EBIT48.3226.1017.6510.9612.88
Net earnings34.4019.8613.363.201.58
Shareholders equity total706.59726.44739.80470.01471.59
Balance sheet total (assets)1 622.621 628.931 629.351 400.501 391.27
Net debt11.35149.54
Profitability
EBIT-%1.3 %0.7 %0.5 %0.3 %0.3 %
ROA3.3 %1.6 %1.1 %1.0 %1.3 %
ROE5.0 %2.8 %1.8 %0.5 %0.3 %
ROI4.2 %1.6 %1.1 %1.3 %3.1 %
Economic value added (EVA)21.85-9.41-18.85-28.58-25.75
Solvency
Equity ratio100.0 %100.0 %100.0 %33.6 %33.9 %
Gearing11.7 %31.8 %
Relative net indebtedness %20.8 %21.9 %
Liquidity
Quick ratio1.01.0
Current ratio1.41.4
Cash and cash equivalents43.660.49
Capital use efficiency
Trade debtors turnover (days)65.970.0
Net working capital %8.9 %9.5 %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:1.27%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.9%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer
Chief executive officer

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