JESSEN TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 30544552
Mannehøj 103, 6600 Vejen
lars.jessen9@gmail.com
tel: 22268616

Credit rating

Company information

Official name
JESSEN TRADING ApS
Established
2007
Company form
Private limited company
Industry

About JESSEN TRADING ApS

JESSEN TRADING ApS (CVR number: 30544552) is a company from VEJEN. The company recorded a gross profit of 229.7 kDKK in 2024. The operating profit was 207.3 kDKK, while net earnings were 53.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 10.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JESSEN TRADING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit232.38191.08211.62124.85229.67
EBIT209.61172.87193.40106.64207.25
Net earnings87.1074.7085.66-11.8353.66
Shareholders equity total357.14375.35403.81333.38387.05
Balance sheet total (assets)3 600.273 661.253 731.513 531.273 548.42
Net debt2 813.372 789.192 726.952 998.692 957.22
Profitability
EBIT-%
ROA5.8 %4.8 %5.2 %2.9 %5.9 %
ROE25.6 %20.4 %22.0 %-3.2 %14.9 %
ROI6.0 %4.9 %5.4 %3.0 %6.1 %
Economic value added (EVA)-13.46-39.58-27.22-97.56-11.20
Solvency
Equity ratio9.9 %10.3 %10.8 %9.4 %10.9 %
Gearing871.9 %844.1 %790.7 %920.6 %786.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.30.00.1
Current ratio0.20.20.30.00.1
Cash and cash equivalents300.51379.11466.0070.3885.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.86%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.9%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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