Jessing & Sørensen Snedkerforretning ApS — Credit Rating and Financial Key Figures

CVR number: 30574753
Staushedevejen 51, 6622 Bække

Credit rating

Company information

Official name
Jessing & Sørensen Snedkerforretning ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About Jessing & Sørensen Snedkerforretning ApS

Jessing & Sørensen Snedkerforretning ApS (CVR number: 30574753) is a company from VEJEN. The company recorded a gross profit of 405.3 kDKK in 2021. The operating profit was 84.6 kDKK, while net earnings were 68 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 20.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.3 %, 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. Jessing & Sørensen Snedkerforretning ApS's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit418.00386.75375.68412.42405.29
EBIT75.8112.7815.7798.0684.64
Net earnings53.175.488.7773.3168.04
Shareholders equity total294.74247.32256.08329.39337.43
Balance sheet total (assets)558.90490.64389.34543.24486.93
Net debt-18.63-96.47-80.00- 212.31- 202.22
Profitability
EBIT-%
ROA13.5 %2.4 %3.6 %21.0 %17.0 %
ROE18.1 %2.0 %3.5 %25.0 %20.4 %
ROI17.4 %3.3 %4.8 %29.5 %24.9 %
Economic value added (EVA)47.51-2.126.1669.1561.39
Solvency
Equity ratio52.7 %50.4 %65.8 %60.6 %69.3 %
Gearing37.4 %32.2 %18.5 %4.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.41.61.72.2
Current ratio2.01.72.22.02.6
Cash and cash equivalents128.85176.19127.47225.60202.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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