JAN NYGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JAN NYGAARD A/S
JAN NYGAARD A/S (CVR number: 17858092) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 2466.1 mDKK in 2023, demonstrating a growth of 15.1 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 70 mDKK), while net earnings were 51.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.9 %, 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. JAN NYGAARD A/S's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 343.95 | 1 296.79 | 2 351.35 | 2 143.22 | 2 466.12 |
Gross profit | 140.47 | 136.30 | 245.95 | 184.00 | 205.29 |
EBIT | 27.67 | 27.18 | 126.72 | 57.68 | 69.97 |
Net earnings | 20.37 | 20.07 | 97.66 | 44.06 | 51.89 |
Shareholders equity total | 75.29 | 85.35 | 173.01 | 184.07 | 205.96 |
Balance sheet total (assets) | 240.69 | 288.97 | 465.72 | 379.97 | 439.69 |
Net debt | 22.97 | 30.17 | 18.79 | 53.39 | 92.67 |
Profitability | |||||
EBIT-% | 2.1 % | 2.1 % | 5.4 % | 2.7 % | 2.8 % |
ROA | 13.5 % | 11.3 % | 34.1 % | 14.3 % | 17.7 % |
ROE | 29.3 % | 25.0 % | 75.6 % | 24.7 % | 26.6 % |
ROI | 31.2 % | 25.7 % | 76.6 % | 26.8 % | 26.6 % |
Economic value added (EVA) | 18.10 | 16.87 | 94.74 | 36.54 | 44.99 |
Solvency | |||||
Equity ratio | 32.5 % | 30.6 % | 38.1 % | 49.4 % | 47.9 % |
Gearing | 30.8 % | 40.0 % | 18.0 % | 29.5 % | 45.3 % |
Relative net indebtedness % | 12.0 % | 15.1 % | 11.8 % | 8.9 % | 9.3 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.9 | 1.2 | 1.3 |
Current ratio | 1.2 | 1.3 | 1.5 | 1.8 | 1.7 |
Cash and cash equivalents | 0.24 | 4.01 | 12.29 | 0.85 | 0.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.4 | 12.7 | 20.1 | 22.9 | 26.3 |
Net working capital % | 2.6 % | 4.2 % | 5.6 % | 6.8 % | 6.8 % |
Credit risk | |||||
Credit rating | A | A | A | AA | A |
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