MURER- & BETONFIRMAET ERLING JØRGENSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MURER- & BETONFIRMAET ERLING JØRGENSEN A/S
MURER- & BETONFIRMAET ERLING JØRGENSEN A/S (CVR number: 59931415) is a company from HEDENSTED. The company recorded a gross profit of 24 mDKK in 2024. The operating profit was -479.6 kDKK, while net earnings were -478 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -7.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MURER- & BETONFIRMAET ERLING JØRGENSEN A/S's liquidity measured by quick ratio was 1.5 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 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 23 986.08 | 26 254.96 | 29 189.90 | 24 929.44 | 23 998.18 |
| EBIT | 3 169.23 | 1 300.85 | 5 430.15 | 2 179.11 | - 479.64 |
| Net earnings | 2 391.87 | 915.78 | 4 162.33 | 1 680.52 | - 478.01 |
| Shareholders equity total | 6 728.82 | 5 644.60 | 9 306.92 | 7 487.44 | 5 509.43 |
| Balance sheet total (assets) | 18 037.51 | 14 002.97 | 19 347.88 | 16 359.35 | 14 912.79 |
| Net debt | -5 594.91 | -4 183.30 | 1 120.20 | ||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.0 % | 8.1 % | 32.6 % | 12.9 % | -2.9 % |
| ROE | 37.8 % | 14.8 % | 55.7 % | 20.0 % | -7.4 % |
| ROI | 19.0 % | 8.1 % | 42.6 % | 23.1 % | -5.7 % |
| Economic value added (EVA) | 2 870.90 | 962.72 | 3 974.07 | 1 128.29 | - 787.40 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 49.1 % | 45.9 % | 37.3 % |
| Gearing | 20.5 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.2 | 1.8 | 1.5 | ||
| Current ratio | 2.1 | 1.8 | 1.5 | ||
| Cash and cash equivalents | 5 594.91 | 4 183.30 | 7.41 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | BBB |
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