MURER- & BETONFIRMAET ERLING JØRGENSEN A/S — Credit Rating and Financial Key Figures

CVR number: 59931415
Industrivænget 2, 8783 Hornsyld
kontor@ej-as.dk
tel: 75688014
www.ej-as.dk

Company information

Official name
MURER- & BETONFIRMAET ERLING JØRGENSEN A/S
Personnel
39 persons
Established
1977
Company form
Limited company
Industry

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 24.2 mDKK in 2023. The operating profit was 2179.1 kDKK, while net earnings were 1680.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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. MURER- & BETONFIRMAET ERLING JØRGENSEN A/S's liquidity measured by quick ratio was 1.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit22 277.8723 986.0826 254.9629 189.9024 182.88
EBIT2 583.963 169.231 300.855 430.152 179.11
Net earnings1 936.942 391.87915.784 162.331 680.52
Shareholders equity total5 936.946 728.825 644.609 306.927 487.44
Balance sheet total (assets)15 267.1018 037.5114 002.9719 347.8816 359.35
Net debt-5 594.91-4 183.30
Profitability
EBIT-%
ROA19.1 %19.0 %8.1 %32.6 %12.9 %
ROE37.7 %37.8 %14.8 %55.7 %20.0 %
ROI25.3 %19.0 %8.1 %42.6 %23.1 %
Economic value added (EVA)2 411.502 870.90962.723 974.071 520.65
Solvency
Equity ratio100.0 %100.0 %100.0 %49.1 %45.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.21.8
Current ratio2.11.8
Cash and cash equivalents5 594.914 183.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.9%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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