JACO FINANCE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JACO FINANCE ApS
JACO FINANCE ApS (CVR number: 18077930) is a company from KØBENHAVN. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 14.5 % compared to the previous year. The operating profit percentage was at 81.5 % (EBIT: 0.9 mDKK), while net earnings were 614.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. JACO FINANCE ApS's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 294.16 | 1 080.45 | 903.97 | 937.82 | 1 073.71 |
Gross profit | 2 686.00 | 3 082.58 | 3 828.35 | 937.82 | 1 073.71 |
EBIT | 2 483.25 | 2 752.59 | 3 622.61 | 739.33 | 875.46 |
Net earnings | 2 188.88 | 2 494.93 | 2 574.61 | 616.99 | 614.72 |
Shareholders equity total | 17 178.28 | 19 673.21 | 22 247.82 | 17 864.81 | 18 479.53 |
Balance sheet total (assets) | 36 598.56 | 32 390.74 | 33 966.60 | 29 779.74 | 30 553.87 |
Net debt | 12 585.08 | 3 862.98 | 668.19 | 4 218.72 | 3 651.92 |
Profitability | |||||
EBIT-% | 191.9 % | 254.8 % | 400.7 % | 78.8 % | 81.5 % |
ROA | 8.9 % | 8.9 % | 11.7 % | 3.1 % | 3.7 % |
ROE | 13.6 % | 13.5 % | 12.3 % | 3.1 % | 3.4 % |
ROI | 9.3 % | 9.4 % | 12.5 % | 3.4 % | 3.9 % |
Economic value added (EVA) | 1 227.89 | 1 775.07 | 1 913.18 | 71.46 | 241.38 |
Solvency | |||||
Equity ratio | 46.9 % | 60.7 % | 65.5 % | 60.0 % | 60.5 % |
Gearing | 86.0 % | 41.0 % | 28.6 % | 36.8 % | 35.8 % |
Relative net indebtedness % | 1172.5 % | 614.9 % | 381.5 % | 745.3 % | 609.2 % |
Liquidity | |||||
Quick ratio | 1.3 | 2.9 | 3.7 | 2.1 | 2.2 |
Current ratio | 1.3 | 2.9 | 3.7 | 2.1 | 2.2 |
Cash and cash equivalents | 2 179.96 | 4 199.64 | 5 699.33 | 2 354.47 | 2 963.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 205.0 % | 656.4 % | 974.1 % | 446.0 % | 441.7 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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