Jens Enggaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Jens Enggaard Holding ApS
Jens Enggaard Holding ApS (CVR number: 19585174K) is a company from AALBORG. The company reported a net sales of 3573.4 mDKK in 2023, demonstrating a growth of 11.7 % compared to the previous year. The operating profit percentage was at 9.5 % (EBIT: 340.6 mDKK), while net earnings were 218 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.5 %, 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. Jens Enggaard Holding ApS's liquidity measured by quick ratio was 1.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 169.39 | 2 841.11 | 3 199.18 | 3 573.38 | |
Gross profit | 619.34 | 642.35 | 537.24 | 646.58 | |
EBIT | -0.01 | 311.87 | 344.35 | 285.43 | 340.62 |
Net earnings | 94.50 | 329.62 | 299.38 | 201.10 | 217.99 |
Shareholders equity total | 1 039.48 | 1 613.99 | 1 909.08 | 2 090.35 | 2 289.31 |
Balance sheet total (assets) | 1 039.49 | 3 248.24 | 4 087.07 | 4 668.82 | 5 262.47 |
Net debt | -0.09 | 159.07 | 374.45 | 510.54 | 368.22 |
Profitability | |||||
EBIT-% | 14.4 % | 12.1 % | 8.9 % | 9.5 % | |
ROA | 9.1 % | 20.0 % | 10.7 % | 6.9 % | 7.5 % |
ROE | 9.1 % | 28.0 % | 21.0 % | 12.4 % | 12.2 % |
ROI | 9.1 % | 21.9 % | 12.1 % | 8.0 % | 8.7 % |
Economic value added (EVA) | -0.01 | 230.47 | 185.61 | 138.24 | 139.26 |
Solvency | |||||
Equity ratio | 100.0 % | 49.7 % | 46.7 % | 44.8 % | 43.5 % |
Gearing | 25.5 % | 27.7 % | 33.7 % | 29.3 % | |
Relative net indebtedness % | 57.3 % | 65.5 % | 68.3 % | 68.4 % | |
Liquidity | |||||
Quick ratio | 439.1 | 1.6 | 1.5 | 1.4 | 1.4 |
Current ratio | 439.1 | 1.6 | 1.5 | 1.4 | 1.4 |
Cash and cash equivalents | 0.09 | 253.22 | 153.50 | 193.30 | 301.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 83.1 | 120.5 | 120.5 | 97.0 | |
Net working capital % | 14.2 % | 12.2 % | 11.6 % | 11.4 % | |
Credit risk | |||||
Credit rating | A | AAA | AAA | AA | AAA |
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