JØRN BRINK ApS — Credit Rating and Financial Key Figures

CVR number: 50746828
Harbogade 5, 6990 Ulfborg
tel: 97491140

Credit rating

Company information

Official name
JØRN BRINK ApS
Personnel
1 person
Established
1974
Company form
Private limited company
Industry

About JØRN BRINK ApS

JØRN BRINK ApS (CVR number: 50746828) is a company from HOLSTEBRO. The company recorded a gross profit of -0.7 kDKK in 2023. The operating profit was -21.2 kDKK, while net earnings were -44.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.2 %, 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. JØRN BRINK ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 749.83-33.93-0.39-6.38-0.70
EBIT530.25-54.16-20.90-26.89-21.21
Net earnings427.02-57.89-36.26-49.34-44.75
Shareholders equity total1 558.04300.15263.89214.55169.79
Balance sheet total (assets)2 226.671 221.801 179.781 236.861 195.20
Net debt198.60679.44341.76377.96412.61
Profitability
EBIT-%
ROA24.6 %-2.5 %-0.8 %-2.2 %-1.7 %
ROE31.8 %-6.2 %-12.9 %-20.6 %-23.3 %
ROI30.8 %-2.6 %-0.8 %-2.3 %-1.7 %
Economic value added (EVA)343.91- 129.05-43.50-26.99-14.55
Solvency
Equity ratio70.0 %24.8 %22.4 %17.3 %14.2 %
Gearing27.5 %268.7 %311.7 %436.3 %558.8 %
Relative net indebtedness %
Liquidity
Quick ratio8.41.10.90.90.8
Current ratio8.41.10.90.90.8
Cash and cash equivalents229.09127.06480.82558.15536.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-1.70%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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