ARNE JØRGENSEN & SØN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARNE JØRGENSEN & SØN A/S
ARNE JØRGENSEN & SØN A/S (CVR number: 25595440) is a company from FREDERIKSHAVN. The company recorded a gross profit of 4610 kDKK in 2023. The operating profit was -136 kDKK, while net earnings were -75.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. ARNE JØRGENSEN & SØN A/S's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 515.00 | 4 034.00 | 5 503.00 | 4 951.78 | 4 610.04 |
EBIT | 68.00 | - 115.00 | 91.00 | 104.31 | - 135.96 |
Net earnings | 36.00 | - 108.00 | 52.00 | 63.78 | -75.37 |
Shareholders equity total | 999.00 | 491.00 | 543.00 | 606.56 | 621.25 |
Balance sheet total (assets) | 1 821.00 | 1 939.00 | 2 243.00 | 1 948.38 | 1 791.73 |
Net debt | - 411.00 | - 131.00 | - 324.00 | 352.30 | 392.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | -6.1 % | 4.4 % | 5.0 % | -7.3 % |
ROE | 3.7 % | -14.5 % | 10.1 % | 11.1 % | -12.3 % |
ROI | 6.7 % | -13.4 % | 14.2 % | 12.9 % | -13.2 % |
Economic value added (EVA) | 36.36 | - 121.55 | 59.27 | 70.11 | - 127.01 |
Solvency | |||||
Equity ratio | 54.9 % | 25.3 % | 24.2 % | 31.1 % | 34.7 % |
Gearing | 27.3 % | 58.1 % | 63.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.9 | 0.9 | 1.0 | 1.1 |
Current ratio | 1.4 | 0.9 | 0.9 | 1.0 | 1.1 |
Cash and cash equivalents | 411.00 | 265.00 | 324.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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