JEDSTED GRÆSINDUSTRI ApS — Credit Rating and Financial Key Figures

CVR number: 78870516
Jedstedvej 31, Jedsted 6771 Gredstedbro

Credit rating

Company information

Official name
JEDSTED GRÆSINDUSTRI ApS
Established
1985
Domicile
Jedsted
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About JEDSTED GRÆSINDUSTRI ApS

JEDSTED GRÆSINDUSTRI ApS (CVR number: 78870516) is a company from ESBJERG. The company recorded a gross profit of -7.2 kDKK in 2023. The operating profit was -7.2 kDKK, while net earnings were -186.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -20.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.9 %, 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. JEDSTED GRÆSINDUSTRI ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-6.25-6.25-6.50-6.75-7.25
EBIT-6.25-6.25-6.50-6.75-7.25
Net earnings- 318.94103.75- 224.12- 217.95- 186.49
Shareholders equity total1 685.181 568.931 344.811 076.86772.56
Balance sheet total (assets)2 899.883 063.932 927.142 835.002 764.10
Net debt1 207.421 485.981 551.891 693.731 938.72
Profitability
EBIT-%
ROA-9.1 %5.2 %-5.5 %-4.6 %-2.4 %
ROE-16.8 %6.4 %-15.4 %-18.0 %-20.2 %
ROI-9.1 %5.3 %-5.5 %-4.7 %-2.4 %
Economic value added (EVA)47.2354.7968.5571.6078.22
Solvency
Equity ratio58.1 %51.2 %45.9 %38.0 %27.9 %
Gearing71.7 %94.7 %115.4 %157.3 %251.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents0.290.290.040.152.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.37%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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