JYSKE FINANS A/S — Credit Rating and Financial Key Figures

CVR number: 10157676
Kastaniehøjvej 2, 8600 Silkeborg

Credit rating

Company information

Official name
JYSKE FINANS A/S
Personnel
187 persons
Established
1986
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About JYSKE FINANS A/S

JYSKE FINANS A/S (CVR number: 10157676) is a company from SILKEBORG. The company reported a net sales of 1691 mDKK in 2023, demonstrating a growth of 30.9 % compared to the previous year. The operating profit percentage was at 69.8 % (EBIT: 1179.6 mDKK), while net earnings were 458.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 23.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JYSKE FINANS A/S's liquidity measured by quick ratio was 1.7 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 219.001 206.001 228.001 292.121 691.00
Gross profit1 048.001 087.001 175.001 384.661 792.57
EBIT412.00435.00559.00731.541 179.57
Net earnings293.00276.00462.00654.54458.75
Shareholders equity total1 360.001 349.001 542.001 746.762 159.64
Balance sheet total (assets)22 150.0022 265.0024 519.0027 165.4927 696.79
Net debt23 579.2624 863.25
Profitability
EBIT-%33.8 %36.1 %45.5 %56.6 %69.8 %
ROA1.9 %2.0 %2.4 %3.1 %4.6 %
ROE21.9 %20.4 %32.0 %39.8 %23.5 %
ROI2.0 %2.0 %2.4 %2.8 %4.4 %
Economic value added (EVA)- 327.81278.65388.50723.94355.74
Solvency
Equity ratio100.0 %100.0 %100.0 %6.4 %7.8 %
Gearing1361.2 %1153.0 %
Relative net indebtedness %1949.7 %1506.1 %
Liquidity
Quick ratio1.61.7
Current ratio1.61.7
Cash and cash equivalents196.7237.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %757.6 %620.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.57%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.80%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

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