JØRGEN FOLMER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JØRGEN FOLMER A/S
JØRGEN FOLMER A/S (CVR number: 26333873) is a company from KØBENHAVN. The company recorded a gross profit of -27.2 kDKK in 2024. The operating profit was -27.2 kDKK, while net earnings were 23.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.1 %, which can be considered excellent and Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JØRGEN FOLMER A/S's liquidity measured by quick ratio was 9.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -26.25 | -27.25 | -27.25 | |
EBIT | -26.25 | -27.25 | -27.25 | |
Net earnings | -3 199.04 | 18 105.07 | 23 901.38 | |
Shareholders equity total | 19 871.22 | 66 322.28 | 85 223.65 | |
Balance sheet total (assets) | 22 531.10 | 77 684.55 | 89 097.93 | |
Net debt | 1 228.01 | -15 831.11 | -34 664.67 | |
Profitability | ||||
EBIT-% | ||||
ROA | -12.7 % | 23.8 % | 29.1 % | |
ROE | -14.9 % | 27.3 % | 31.5 % | |
ROI | -13.1 % | 27.8 % | 32.0 % | |
Economic value added (EVA) | -1 315.92 | -1 106.10 | -15.74 | -3 357.31 |
Solvency | ||||
Equity ratio | 88.2 % | 85.4 % | 95.7 % | |
Gearing | 10.8 % | 0.1 % | 0.1 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.6 | 3.2 | 9.9 | |
Current ratio | 1.6 | 3.2 | 9.9 | |
Cash and cash equivalents | 912.76 | 15 899.31 | 34 733.20 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | A | A |
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