JK-Kristiansen.dk ApS — Credit Rating and Financial Key Figures

CVR number: 39809087
Koldingvej 38, Andst 6600 Vejen

Company information

Official name
JK-Kristiansen.dk ApS
Personnel
1 person
Established
2018
Domicile
Andst
Company form
Private limited company
Industry

About JK-Kristiansen.dk ApS

JK-Kristiansen.dk ApS (CVR number: 39809087) is a company from VEJEN. The company recorded a gross profit of 3735 kDKK in 2023. The operating profit was 643.8 kDKK, while net earnings were 106 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 14.2 %, 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. JK-Kristiansen.dk ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 186.811 340.951 521.323 904.883 735.04
EBIT506.09736.00634.342 161.97643.82
Net earnings379.47527.32405.561 402.48106.01
Shareholders equity total429.47756.791 012.352 264.832 070.84
Balance sheet total (assets)1 512.063 230.436 004.7210 589.2414 556.89
Net debt-98.07-36.56472.26- 116.812 642.12
Profitability
EBIT-%
ROA33.5 %31.0 %13.7 %26.1 %5.1 %
ROE88.4 %88.9 %45.8 %85.6 %4.9 %
ROI43.0 %35.7 %15.6 %31.1 %5.7 %
Economic value added (EVA)393.73562.21483.401 642.00423.97
Solvency
Equity ratio28.4 %23.4 %16.9 %21.4 %14.2 %
Gearing25.0 %55.4 %62.4 %30.3 %127.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.40.70.2
Current ratio0.70.90.40.70.4
Cash and cash equivalents205.33456.15159.91802.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:5.12%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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