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 -40.3 kDKK in 2023. The operating profit was -380.3 kDKK, while net earnings were -377.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14 %, which can be considered poor and Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.7 %, 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 4.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 79.19 | -5.90 | -65.55 | -40.33 | |
EBIT | -43.18 | -2 366.24 | 255.45 | - 204.00 | - 380.33 |
Net earnings | 1 070.97 | -2 676.08 | 281.58 | - 240.00 | - 377.22 |
Shareholders equity total | 7 428.90 | 4 752.81 | 5 034.39 | 4 613.00 | 497.78 |
Balance sheet total (assets) | 10 722.17 | 8 049.01 | 5 398.56 | 4 927.00 | 509.72 |
Net debt | 185.47 | - 388.39 | -2 259.90 | -3 849.00 | -34.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.1 % | -26.0 % | 5.3 % | -4.0 % | -14.0 % |
ROE | 15.5 % | -43.9 % | 5.8 % | -5.0 % | -14.8 % |
ROI | 12.2 % | -26.3 % | 5.4 % | -4.0 % | -14.1 % |
Economic value added (EVA) | - 201.53 | -2 768.52 | 155.92 | - 332.44 | - 401.63 |
Solvency | |||||
Equity ratio | 69.3 % | 59.1 % | 93.3 % | 93.6 % | 97.7 % |
Gearing | 42.9 % | 67.2 % | 4.3 % | 6.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.6 | 6.8 | 13.1 | 4.2 |
Current ratio | 1.7 | 1.6 | 6.8 | 13.1 | 4.2 |
Cash and cash equivalents | 2 999.81 | 3 580.91 | 2 478.43 | 4 127.00 | 34.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | B |
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