JOG Skovservice ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOG Skovservice ApS
JOG Skovservice ApS (CVR number: 38178644) is a company from HADERSLEV. The company reported a net sales of 2.2 mDKK in 2023, demonstrating a decline of -66.2 % compared to the previous year. The operating profit percentage was at 32.3 % (EBIT: 0.7 mDKK), while net earnings were 523 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. JOG Skovservice ApS's liquidity measured by quick ratio was 2.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 198.89 | 3 327.80 | 5 794.97 | 6 365.84 | 2 154.37 |
Gross profit | 1 052.73 | 1 756.05 | 3 100.39 | 8 580.80 | 2 274.09 |
EBIT | 636.53 | 594.96 | 1 074.82 | 2 419.59 | 694.98 |
Net earnings | 481.84 | 456.72 | 835.41 | 1 879.47 | 522.98 |
Shareholders equity total | 673.02 | 1 129.74 | 1 965.15 | 4 025.24 | 4 222.43 |
Balance sheet total (assets) | 3 048.18 | 3 983.31 | 6 054.51 | 7 130.21 | 6 453.06 |
Net debt | - 434.56 | ||||
Profitability | |||||
EBIT-% | 19.9 % | 17.9 % | 18.5 % | 38.0 % | 32.3 % |
ROA | 25.4 % | 16.9 % | 21.4 % | 36.7 % | 10.2 % |
ROE | 111.5 % | 50.7 % | 54.0 % | 62.7 % | 12.7 % |
ROI | 147.3 % | 66.0 % | 69.5 % | 80.8 % | 16.4 % |
Economic value added (EVA) | 472.23 | 430.26 | 781.77 | 1 788.38 | 339.83 |
Solvency | |||||
Equity ratio | 22.1 % | 28.4 % | 32.5 % | 56.5 % | 65.4 % |
Gearing | 6.0 % | ||||
Relative net indebtedness % | 74.2 % | 85.7 % | 70.6 % | 48.8 % | 71.7 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.4 | 2.1 | 2.7 |
Current ratio | 1.1 | 1.2 | 1.4 | 2.1 | 2.7 |
Cash and cash equivalents | 686.63 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 287.3 | 254.4 | 149.9 | 139.1 | 238.8 |
Net working capital % | 6.6 % | 21.3 % | 25.9 % | 54.2 % | 172.3 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | A | A |
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