K. ELKJÆR JENSEN. LØSNING A/S — Credit Rating and Financial Key Figures

CVR number: 48150616
Hecovej 9, 8722 Hedensted
tel: 40892850

Credit rating

Company information

Official name
K. ELKJÆR JENSEN. LØSNING A/S
Established
1973
Company form
Limited company
Industry

About K. ELKJÆR JENSEN. LØSNING A/S

K. ELKJÆR JENSEN. LØSNING A/S (CVR number: 48150616) is a company from HEDENSTED. The company recorded a gross profit of 323 kDKK in 2023. The operating profit was 227.3 kDKK, while net earnings were 158.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K. ELKJÆR JENSEN. LØSNING A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales220.80
Gross profit188.17236.62253.05251.41322.98
EBIT94.98160.12176.54174.90227.34
Net earnings-1.3682.99123.79116.91158.75
Shareholders equity total693.18722.17789.46849.16949.01
Balance sheet total (assets)3 277.343 243.583 234.303 216.093 034.22
Net debt1 850.001 815.121 689.791 537.621 512.62
Profitability
EBIT-%43.0 %
ROA4.0 %4.9 %5.5 %5.4 %7.3 %
ROE-0.2 %11.7 %16.4 %14.3 %17.7 %
ROI5.0 %5.8 %6.3 %6.3 %8.3 %
Economic value added (EVA)27.326.4515.3019.0564.98
Solvency
Equity ratio21.3 %22.3 %24.4 %26.4 %31.3 %
Gearing266.9 %252.2 %217.7 %191.4 %159.5 %
Relative net indebtedness %1073.4 %
Liquidity
Quick ratio0.00.00.10.20.0
Current ratio0.00.00.10.20.0
Cash and cash equivalents0.006.0329.2587.551.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-326.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.28%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.3%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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