JK INVEST HIRTSHALS ApS — Credit Rating and Financial Key Figures

CVR number: 28117604
Læssevej 18, 9850 Hirtshals
tel: 98944783

Credit rating

Company information

Official name
JK INVEST HIRTSHALS ApS
Established
2004
Company form
Private limited company
Industry

About JK INVEST HIRTSHALS ApS

JK INVEST HIRTSHALS ApS (CVR number: 28117604) is a company from HJØRRING. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -51.2 % compared to the previous year. The operating profit percentage was at 27.6 % (EBIT: 0 mDKK), while net earnings were -17.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.1 %, 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 INVEST HIRTSHALS ApS's liquidity measured by quick ratio was 0.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales701.8256.07207.56248.04121.03
Gross profit701.2246.95195.25236.91108.36
EBIT701.2246.95195.25236.9133.36
Net earnings628.776.68156.07196.11-17.79
Shareholders equity total358.91254.99411.06492.78357.19
Balance sheet total (assets)2 532.642 026.792 473.612 425.332 532.39
Net debt1 699.991 700.001 776.001 802.461 992.94
Profitability
EBIT-%99.9 %83.7 %94.1 %95.5 %27.6 %
ROA31.4 %2.1 %8.7 %9.7 %2.2 %
ROE62.2 %2.2 %46.9 %43.4 %-4.2 %
ROI37.3 %2.3 %9.4 %10.5 %0.6 %
Economic value added (EVA)725.3338.25218.21261.9328.56
Solvency
Equity ratio14.2 %12.6 %16.6 %20.3 %14.1 %
Gearing473.6 %666.7 %432.0 %368.1 %559.3 %
Relative net indebtedness %309.7 %3159.8 %993.7 %774.6 %1793.2 %
Liquidity
Quick ratio0.80.20.70.60.3
Current ratio0.80.20.70.60.3
Cash and cash equivalents0.010.000.0011.224.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-13.9 %-103.2 %-56.5 %-34.5 %-274.6 %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:2.15%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.1%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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