A/S O.V. JØRGENSEN HOLDING — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S O.V. JØRGENSEN HOLDING
A/S O.V. JØRGENSEN HOLDING (CVR number: 16223387K) is a company from BALLERUP. The company recorded a gross profit of 27.9 mDKK in 2017. The operating profit was -2597.6 kDKK, while net earnings were 2221 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.9 %, 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. A/S O.V. JØRGENSEN HOLDING's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 30 756.20 | 33 223.44 | 30 748.92 | 31 042.13 | 27 868.67 |
| EBIT | - 341.21 | 4 197.86 | 1 633.84 | 357.73 | -2 597.64 |
| Net earnings | 1 048.92 | 4 516.20 | 2 023.03 | 1 674.62 | 2 221.01 |
| Shareholders equity total | 16 521.53 | 21 037.73 | 15 772.91 | 16 247.53 | 17 268.54 |
| Balance sheet total (assets) | 53 357.75 | 54 861.94 | 49 427.26 | 52 962.08 | 54 065.42 |
| Net debt | -1 081.94 | 2 958.64 | 7 361.31 | 8 949.01 | |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.8 % | 5.9 % | 4.6 % | 4.8 % | |
| ROE | 24.0 % | 11.0 % | 10.5 % | 13.3 % | |
| ROI | 23.8 % | 12.2 % | 9.2 % | 9.0 % | |
| Economic value added (EVA) | -1 430.48 | 1 953.00 | -7.83 | - 866.74 | -3 587.44 |
| Solvency | |||||
| Equity ratio | 38.3 % | 31.9 % | 30.7 % | 31.9 % | |
| Gearing | 10.2 % | 26.2 % | 48.4 % | 60.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.8 | 0.7 | 0.6 | |
| Current ratio | 1.1 | 0.9 | 0.8 | 0.7 | |
| Cash and cash equivalents | 2 493.03 | 3 224.17 | 1 173.91 | 507.57 | 1 414.47 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | BBB |
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