J.Drachmann Engineering ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J.Drachmann Engineering ApS
J.Drachmann Engineering ApS (CVR number: 41265558) is a company from AARHUS. The company recorded a gross profit of 10.5 kDKK in 2023. The operating profit was -52.2 kDKK, while net earnings were -60.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.3 %, which can be considered poor and Return on Equity (ROE) was -45.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.1 %, 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. J.Drachmann Engineering ApS's liquidity measured by quick ratio was 2.5 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 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 96.87 | 49.11 | 77.48 | 10.47 |
| EBIT | 21.81 | -60.11 | 24.86 | -52.16 |
| Net earnings | 16.21 | -47.81 | 20.22 | -60.50 |
| Shareholders equity total | 56.21 | 143.41 | 163.63 | 103.13 |
| Balance sheet total (assets) | 108.35 | 163.41 | 200.60 | 171.53 |
| Net debt | -94.78 | -16.24 | - 189.20 | - 122.73 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 20.1 % | -44.2 % | 14.4 % | -28.3 % |
| ROE | 28.8 % | -47.9 % | 13.2 % | -45.4 % |
| ROI | 38.8 % | -60.2 % | 16.9 % | -36.1 % |
| Economic value added (EVA) | 16.57 | -45.02 | 12.96 | -58.21 |
| Solvency | ||||
| Equity ratio | 51.9 % | 87.8 % | 81.6 % | 60.1 % |
| Gearing | 2.3 % | 15.2 % | ||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 2.1 | 8.2 | 5.4 | 2.5 |
| Current ratio | 2.1 | 8.2 | 5.4 | 2.5 |
| Cash and cash equivalents | 94.78 | 16.24 | 192.95 | 138.38 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | BB | BB | BBB |
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