JØRGEN NIELSEN, Solrød A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JØRGEN NIELSEN, Solrød A/S
JØRGEN NIELSEN, Solrød A/S (CVR number: 15153547) is a company from SOLRØD. The company recorded a gross profit of -69.1 kDKK in 2023. The operating profit was -69.1 kDKK, while net earnings were 269.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.7 %, which can be considered excellent and Return on Equity (ROE) was 29.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JØRGEN NIELSEN, Solrød A/S's liquidity measured by quick ratio was 12.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -29.48 | -31.82 | -39.18 | -39.52 | -69.13 |
EBIT | 76.79 | 240.94 | - 174.08 | -39.52 | -69.13 |
Net earnings | 98.42 | 195.79 | - 126.05 | 143.54 | 269.83 |
Shareholders equity total | 586.55 | 782.34 | 656.29 | 799.83 | 1 044.65 |
Balance sheet total (assets) | 596.05 | 802.17 | 677.56 | 816.32 | 1 138.58 |
Net debt | - 548.22 | - 802.17 | - 642.44 | - 813.36 | -1 138.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.8 % | 35.7 % | -21.6 % | 24.3 % | 35.7 % |
ROE | 18.3 % | 28.6 % | -17.5 % | 19.7 % | 29.3 % |
ROI | 16.1 % | 36.5 % | -22.2 % | 24.9 % | 37.8 % |
Economic value added (EVA) | 85.79 | 187.08 | - 136.09 | -32.00 | -52.79 |
Solvency | |||||
Equity ratio | 98.4 % | 97.5 % | 96.9 % | 98.0 % | 91.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 62.7 | 40.4 | 31.9 | 49.5 | 12.1 |
Current ratio | 62.7 | 40.4 | 31.9 | 49.5 | 12.1 |
Cash and cash equivalents | 548.22 | 802.17 | 642.44 | 813.36 | 1 138.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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