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Jordudvikling A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Jordudvikling A/S
Jordudvikling A/S (CVR number: 56068813) is a company from ODENSE. The company recorded a gross profit of -34 kDKK in 2024. The operating profit was -34 kDKK, while net earnings were -22.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Jordudvikling A/S's liquidity measured by quick ratio was 1.8 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 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -5.90 | -65.55 | -40.00 | -34.02 | |
| EBIT | -2 366.24 | 255.45 | - 204.00 | - 380.00 | -34.02 |
| Net earnings | -2 676.08 | 281.58 | - 240.00 | - 377.00 | -22.52 |
| Shareholders equity total | 4 752.81 | 5 034.39 | 4 613.00 | 498.00 | 475.25 |
| Balance sheet total (assets) | 8 049.01 | 5 398.56 | 4 927.00 | 510.00 | 493.78 |
| Net debt | - 388.39 | -2 259.90 | -3 849.00 | -35.00 | -0.33 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -26.0 % | 5.3 % | -4.0 % | -14.0 % | -6.8 % |
| ROE | -43.9 % | 5.8 % | -5.0 % | -14.8 % | -4.6 % |
| ROI | -26.3 % | 5.4 % | -4.0 % | -14.1 % | -7.0 % |
| Economic value added (EVA) | -3 079.32 | - 184.44 | - 467.96 | - 622.77 | -46.27 |
| Solvency | |||||
| Equity ratio | 59.1 % | 93.3 % | 93.6 % | 97.6 % | 96.2 % |
| Gearing | 67.2 % | 4.3 % | 6.0 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 6.8 | 13.1 | 4.2 | 1.8 |
| Current ratio | 1.6 | 6.8 | 13.1 | 4.2 | 1.8 |
| Cash and cash equivalents | 3 580.91 | 2 478.43 | 4 127.00 | 35.00 | 0.33 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BB |
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