JOURNALISTERNES FERIEFOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOURNALISTERNES FERIEFOND
JOURNALISTERNES FERIEFOND (CVR number: 25309707) is a company from KØBENHAVN. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a growth of 4.1 % compared to the previous year. The operating profit percentage was at 7.8 % (EBIT: 0.1 mDKK), while net earnings were 30.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JOURNALISTERNES FERIEFOND'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 375.70 | 964.14 | 1 036.85 | 1 512.49 | 1 574.40 |
Gross profit | 70.10 | 1.18 | 165.30 | 334.94 | 307.58 |
EBIT | -1 235.51 | 1.18 | 4 200.29 | 177.10 | 122.15 |
Net earnings | -49.62 | - 202.27 | 3 499.42 | 82.76 | 30.85 |
Shareholders equity total | 4 988.10 | 4 785.84 | 8 285.25 | 8 368.01 | 8 398.86 |
Balance sheet total (assets) | 9 972.29 | 9 845.90 | 13 587.54 | 13 597.03 | 13 606.05 |
Net debt | 3 881.90 | 4 097.79 | 4 177.26 | 4 140.06 | 4 145.22 |
Profitability | |||||
EBIT-% | -89.8 % | 0.1 % | 405.1 % | 11.7 % | 7.8 % |
ROA | -12.5 % | 0.0 % | 35.8 % | 1.3 % | 0.9 % |
ROE | -1.0 % | -4.1 % | 53.5 % | 1.0 % | 0.4 % |
ROI | -13.2 % | 0.0 % | 37.7 % | 1.3 % | 0.9 % |
Economic value added (EVA) | -1 675.61 | - 443.44 | 3 135.67 | - 448.04 | - 505.23 |
Solvency | |||||
Equity ratio | 50.0 % | 48.6 % | 61.0 % | 61.5 % | 61.7 % |
Gearing | 84.7 % | 90.0 % | 51.7 % | 51.0 % | 50.5 % |
Relative net indebtedness % | 337.3 % | 503.0 % | 442.5 % | 297.5 % | 286.2 % |
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 0.5 | 0.6 | 0.6 |
Current ratio | 1.0 | 0.9 | 0.5 | 0.6 | 0.6 |
Cash and cash equivalents | 343.64 | 210.52 | 109.29 | 124.15 | 96.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1.2 % | -10.7 % | -19.6 % | -9.5 % | -8.7 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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