JENS QUORNING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10125766
Stampemøllevej 15, 8700 Horsens

Company information

Official name
JENS QUORNING HOLDING ApS
Established
2003
Company form
Private limited company
Industry

About JENS QUORNING HOLDING ApS

JENS QUORNING HOLDING ApS (CVR number: 10125766) is a company from HORSENS. The company recorded a gross profit of -3.9 kDKK in 2023. The operating profit was -3.9 kDKK, while net earnings were 755.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JENS QUORNING HOLDING ApS's liquidity measured by quick ratio was 14.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.00-4.07-3.93-3.11-3.88
EBIT-6.00-4.07-3.93-3.11-3.88
Net earnings93.08361.49- 179.48980.78755.82
Shareholders equity total8 017.278 323.478 087.489 011.279 767.09
Balance sheet total (assets)8 429.108 771.899 932.239 886.7410 408.74
Net debt-2 581.14-2 969.42-4 313.37-5 165.11-7 784.28
Profitability
EBIT-%
ROA1.9 %5.5 %1.0 %10.4 %9.2 %
ROE1.2 %4.4 %-2.2 %11.5 %8.0 %
ROI1.9 %5.6 %1.0 %10.5 %9.3 %
Economic value added (EVA)- 241.21- 224.04- 219.98-56.52- 103.95
Solvency
Equity ratio95.1 %94.9 %81.4 %91.1 %93.8 %
Gearing4.3 %3.6 %21.2 %9.5 %4.9 %
Relative net indebtedness %
Liquidity
Quick ratio22.125.14.910.214.8
Current ratio22.125.14.910.214.8
Cash and cash equivalents2 922.003 271.146 031.896 023.628 267.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.20%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.8%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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