KLITTE OG JENSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KLITTE OG JENSEN A/S
KLITTE OG JENSEN A/S (CVR number: 32357342) is a company from FAVRSKOV. The company recorded a gross profit of 23.5 mDKK in 2023. The operating profit was -2020.1 kDKK, while net earnings were -2083.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -26.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. KLITTE OG JENSEN A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 15 124.48 | 20 583.31 | 24 441.39 | 22 047.68 | 23 460.36 |
EBIT | 1 189.50 | 2 936.91 | 2 433.74 | 1 243.25 | -2 020.10 |
Net earnings | 544.32 | 1 965.89 | 1 651.31 | 837.31 | -2 083.94 |
Shareholders equity total | 1 986.12 | 4 952.00 | 6 603.31 | 7 440.62 | 8 199.45 |
Balance sheet total (assets) | 14 395.42 | 22 168.09 | 25 208.18 | 20 836.71 | 25 265.32 |
Net debt | 4 022.23 | 3 869.90 | 6 696.94 | 5 989.69 | 7 394.86 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.2 % | 16.6 % | 10.6 % | 5.9 % | -7.8 % |
ROE | 31.8 % | 56.7 % | 28.6 % | 11.9 % | -26.6 % |
ROI | 20.0 % | 39.1 % | 21.9 % | 9.6 % | -12.0 % |
Economic value added (EVA) | 847.14 | 2 180.84 | 1 561.39 | 541.57 | -2 087.99 |
Solvency | |||||
Equity ratio | 13.3 % | 22.3 % | 26.2 % | 35.7 % | 32.5 % |
Gearing | 202.8 % | 78.2 % | 101.4 % | 80.5 % | 90.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.2 | 1.3 | 1.7 | 1.5 |
Current ratio | 1.0 | 1.3 | 1.4 | 1.7 | 1.5 |
Cash and cash equivalents | 5.57 | 2.37 | 0.79 | 32.37 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | BBB |
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