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: 16223387) is a company from BALLERUP. The company recorded a gross profit of 1634.3 kDKK in 2023. The operating profit was -1289.6 kDKK, while net earnings were 2226.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S O.V. JØRGENSEN HOLDING's liquidity measured by quick ratio was 0.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 637.14 | 3 197.43 | 3 150.32 | 2 152.86 | 1 634.32 |
EBIT | -2 211.10 | -1 199.06 | - 195.54 | -1 301.22 | -1 289.57 |
Net earnings | - 437.89 | 740.97 | 5 239.07 | 4 709.99 | 2 226.76 |
Shareholders equity total | 16 868.25 | 17 277.42 | 22 184.69 | 20 894.68 | 15 321.44 |
Balance sheet total (assets) | 28 727.92 | 25 784.27 | 27 874.50 | 26 486.80 | 17 695.52 |
Net debt | 4 649.87 | 2 755.49 | 1 649.68 | 1 706.26 | 498.55 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.8 % | 2.6 % | 20.0 % | 18.2 % | 10.5 % |
ROE | -2.4 % | 4.3 % | 26.6 % | 21.9 % | 12.3 % |
ROI | -2.2 % | 3.0 % | 20.9 % | 18.7 % | 11.1 % |
Economic value added (EVA) | -1 552.82 | - 773.62 | 53.67 | -1 253.36 | -1 147.01 |
Solvency | |||||
Equity ratio | 58.7 % | 67.0 % | 79.6 % | 78.9 % | 86.6 % |
Gearing | 32.8 % | 21.5 % | 13.7 % | 12.9 % | 5.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.9 | 1.3 | 1.1 | 0.7 |
Current ratio | 0.6 | 0.9 | 1.3 | 1.1 | 0.7 |
Cash and cash equivalents | 885.00 | 965.95 | 1 395.62 | 985.92 | 296.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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