JØRN KROGSGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 81962812
Knøsgårdvej 116, 9440 Aabybro
jkr@jkas.dk
tel: 98241800
www.jkas.dk

Company information

Official name
JØRN KROGSGAARD A/S
Personnel
8 persons
Established
1977
Company form
Limited company
Industry

About JØRN KROGSGAARD A/S

JØRN KROGSGAARD A/S (CVR number: 81962812) is a company from JAMMERBUGT. The company recorded a gross profit of 4839.8 kDKK in 2023. The operating profit was 1149.9 kDKK, while net earnings were 929.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JØRN KROGSGAARD A/S's liquidity measured by quick ratio was 2.1 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 profit3 193.003 716.004 637.004 515.004 839.77
EBIT168.00248.00474.00769.001 149.93
Net earnings871.00133.00332.00563.00929.25
Shareholders equity total8 943.008 965.009 184.009 632.0010 443.83
Balance sheet total (assets)13 129.0013 663.0015 062.0014 599.0015 270.39
Net debt- 906.00-3 512.00-5 854.00-4 077.00-5 851.56
Profitability
EBIT-%
ROA7.1 %1.5 %3.3 %5.2 %8.2 %
ROE10.2 %1.5 %3.7 %6.0 %9.3 %
ROI8.5 %1.9 %4.4 %7.0 %10.7 %
Economic value added (EVA)-95.68-30.92160.70500.09665.99
Solvency
Equity ratio68.1 %65.6 %61.0 %66.0 %68.4 %
Gearing6.2 %6.2 %6.5 %5.2 %4.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.81.81.72.1
Current ratio1.72.01.91.82.1
Cash and cash equivalents1 462.004 069.006 447.004 577.006 351.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:8.25%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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