Jørgen Bank Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Jørgen Bank Holding ApS
Jørgen Bank Holding ApS (CVR number: 36935812) is a company from RINGKØBING-SKJERN. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a decline of -66.7 % compared to the previous year. The operating profit percentage was at 94.7 % (EBIT: 0.1 mDKK), while net earnings were 92.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.4 %, 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. Jørgen Bank Holding ApS's liquidity measured by quick ratio was 1.6 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 | 300.00 | 100.00 | |||
Gross profit | -4.41 | -6.79 | -6.16 | 289.72 | 94.71 |
EBIT | -4.41 | -6.79 | -6.16 | 289.72 | 94.71 |
Net earnings | 198.63 | -6.73 | 106.53 | 290.07 | 92.91 |
Shareholders equity total | 275.20 | 268.47 | 260.60 | 432.88 | 403.79 |
Balance sheet total (assets) | 319.89 | 314.13 | 393.86 | 708.76 | 728.53 |
Net debt | - 225.25 | -60.54 | 100.88 | -42.66 | 158.54 |
Profitability | |||||
EBIT-% | 96.6 % | 94.7 % | |||
ROA | 92.1 % | -2.1 % | 31.0 % | 53.3 % | 14.1 % |
ROE | 112.9 % | -2.5 % | 40.3 % | 83.7 % | 22.2 % |
ROI | 94.8 % | -2.1 % | 31.6 % | 56.8 % | 14.8 % |
Economic value added (EVA) | -9.91 | -21.07 | -21.89 | 270.33 | 62.04 |
Solvency | |||||
Equity ratio | 86.0 % | 85.5 % | 66.2 % | 61.1 % | 55.4 % |
Gearing | 14.1 % | 14.8 % | 48.1 % | 50.2 % | 78.4 % |
Relative net indebtedness % | 5.3 % | 166.5 % | |||
Liquidity | |||||
Quick ratio | 6.0 | 2.3 | 1.4 | 1.8 | 1.6 |
Current ratio | 6.0 | 2.3 | 1.4 | 1.8 | 1.6 |
Cash and cash equivalents | 263.94 | 100.20 | 24.38 | 259.94 | 158.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 75.6 % | 197.9 % | |||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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