JBS TEXTILE GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JBS TEXTILE GROUP A/S
JBS TEXTILE GROUP A/S (CVR number: 71612015K) is a company from HERNING. The company reported a net sales of 531.6 mDKK in 2024, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was at 5 % (EBIT: 26.4 mDKK), while net earnings were 15.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JBS TEXTILE GROUP A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 302.78 | 452.98 | 525.00 | 497.89 | 531.63 |
Gross profit | 98.41 | 163.07 | 175.21 | 151.19 | 166.85 |
EBIT | 14.30 | 55.45 | 43.37 | 20.83 | 26.37 |
Net earnings | 10.47 | 42.11 | 32.06 | 14.02 | 15.93 |
Shareholders equity total | 156.89 | 200.92 | 225.08 | 238.42 | 245.80 |
Balance sheet total (assets) | 267.38 | 391.19 | 424.64 | 377.43 | 407.97 |
Net debt | 33.65 | 62.12 | 95.13 | 62.81 | 79.91 |
Profitability | |||||
EBIT-% | 4.7 % | 12.2 % | 8.3 % | 4.2 % | 5.0 % |
ROA | 5.2 % | 16.9 % | 10.6 % | 5.7 % | 6.9 % |
ROE | 6.9 % | 23.5 % | 15.1 % | 6.0 % | 6.6 % |
ROI | 6.6 % | 23.3 % | 14.2 % | 7.0 % | 8.4 % |
Economic value added (EVA) | 3.50 | 34.80 | 22.99 | 4.95 | 5.71 |
Solvency | |||||
Equity ratio | 58.7 % | 51.4 % | 53.1 % | 63.2 % | 60.3 % |
Gearing | 28.6 % | 31.8 % | 49.9 % | 27.5 % | 36.5 % |
Relative net indebtedness % | 31.4 % | 40.5 % | 33.6 % | 26.2 % | 27.7 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.6 | 0.7 | 0.7 |
Current ratio | 2.2 | 1.8 | 1.9 | 2.4 | 2.2 |
Cash and cash equivalents | 11.18 | 1.74 | 17.28 | 2.67 | 9.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.3 | 78.6 | 63.5 | 63.9 | 65.4 |
Net working capital % | 37.5 % | 31.3 % | 31.7 % | 36.6 % | 35.3 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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