JORGENSEN ENGINEERING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2012 | 2013 | 2014 | 2015 | 2016 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 238.46 | 270.43 | 249.06 | 196.44 | 276.26 |
Gross profit | 108.40 | 116.54 | 100.57 | 83.11 | 122.55 |
EBIT | 6.34 | 6.24 | -14.17 | 18.30 | 34.55 |
Net earnings | 1.27 | 2.42 | -14.51 | 14.78 | 25.75 |
Shareholders equity total | 49.06 | 48.75 | 35.37 | 50.23 | 71.98 |
Balance sheet total (assets) | 166.93 | 171.19 | 148.95 | 176.83 | 220.47 |
Net debt | 49.26 | -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 | -19.44 | 9.78 | 22.07 |
Solvency | |||||
Equity ratio | 23.8 % | 37.2 % | 40.1 % | ||
Gearing | 201.6 % | 86.8 % | 58.8 % | ||
Relative net indebtedness % | 34.7 % | 38.3 % | 19.3 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 2.7 | 2.7 | ||
Current ratio | 1.2 | 1.3 | 1.6 | ||
Cash and cash equivalents | 6.39 | 0.01 | 22.04 | 44.29 | 80.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.7 | 65.7 | 61.1 | ||
Net working capital % | 4.2 % | 13.6 % | 19.6 % | ||
Credit risk | |||||
Credit rating | A | AA | AA |
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