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JØRGENSEN & UTOFT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JØRGENSEN & UTOFT A/S
JØRGENSEN & UTOFT A/S (CVR number: 61232915K) is a company from VEJLE. The company reported a net sales of 901.3 mDKK in 2016, demonstrating a decline of -3.3 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 25.5 mDKK), while net earnings were 17.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.7 %, 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. JØRGENSEN & UTOFT A/S's liquidity measured by quick ratio was 0.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2012 | 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 363.12 | 1 223.46 | 943.20 | 931.64 | 901.25 |
| Gross profit | 33.62 | 30.60 | 27.65 | 27.65 | 46.58 |
| EBIT | 16.71 | 14.20 | 11.72 | 11.28 | 25.51 |
| Net earnings | 10.04 | 7.78 | 5.43 | 6.36 | 17.37 |
| Shareholders equity total | 82.27 | 85.04 | 86.48 | 88.84 | 100.03 |
| Balance sheet total (assets) | 443.56 | 365.01 | 290.61 | 396.43 | 325.89 |
| Net debt | 179.53 | 110.65 | |||
| Profitability | |||||
| EBIT-% | 1.2 % | 2.8 % | |||
| ROA | 3.6 % | 3.4 % | 7.2 % | ||
| ROE | 6.3 % | 7.3 % | 18.4 % | ||
| ROI | 5.5 % | 5.1 % | 10.9 % | ||
| Economic value added (EVA) | 12.47 | -3.56 | -3.23 | -1.10 | 6.34 |
| Solvency | |||||
| Equity ratio | 29.8 % | 22.4 % | 30.7 % | ||
| Gearing | 121.6 % | 202.1 % | 110.6 % | ||
| Relative net indebtedness % | 21.6 % | 33.0 % | 25.0 % | ||
| Liquidity | |||||
| Quick ratio | 0.8 | 0.8 | 0.7 | ||
| Current ratio | 1.3 | 1.2 | 1.4 | ||
| Cash and cash equivalents | 0.11 | 0.08 | 0.15 | 0.00 | 0.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 58.9 | 97.5 | 63.9 | ||
| Net working capital % | 6.8 % | 7.2 % | 8.8 % | ||
| Credit risk | |||||
| Credit rating | A | A |
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