JORGENSEN ENGINEERING A/S — Credit Rating and Financial Key Figures

CVR number: 51452216
M.P. Allerups Vej 20, Fraugde 5220 Odense SØ
jorgensen@jorgensen.dk
tel: 63132222

Company information

Official name
JORGENSEN ENGINEERING A/S
Personnel
148 persons
Established
1974
Domicile
Fraugde
Company form
Limited company
Industry

About JORGENSEN ENGINEERING A/S

JORGENSEN ENGINEERING A/S (CVR number: 51452216K) is a company from ODENSE. The company reported a net sales of 276.3 mDKK in 2016, demonstrating a growth of 40.6 % compared to the previous year. The operating profit percentage was at 12.5 % (EBIT: 34.5 mDKK), while net earnings were 25.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 42.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. JORGENSEN ENGINEERING A/S's liquidity measured by quick ratio was 2.7 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2012
2013
2014
2015
2016
Volume
Net sales238.46270.43249.06196.44276.26
Gross profit108.40116.54100.5783.11122.55
EBIT6.346.24-14.1718.3034.55
Net earnings1.272.42-14.5114.7825.75
Shareholders equity total49.0648.7535.3750.2371.98
Balance sheet total (assets)166.93171.19148.95176.83220.47
Net debt49.26-0.67-38.48
Profitability
EBIT-%-5.7 %9.3 %12.5 %
ROA-8.8 %11.2 %17.4 %
ROE-34.7 %34.5 %42.1 %
ROI-11.1 %17.1 %30.0 %
Economic value added (EVA)-2.21-1.14-19.449.7822.07
Solvency
Equity ratio23.8 %37.2 %40.1 %
Gearing201.6 %86.8 %58.8 %
Relative net indebtedness %34.7 %38.3 %19.3 %
Liquidity
Quick ratio0.92.72.7
Current ratio1.21.31.6
Cash and cash equivalents6.390.0122.0444.2980.83
Capital use efficiency
Trade debtors turnover (days)48.765.761.1
Net working capital %4.2 %13.6 %19.6 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.1%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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