Jens Jørgen Vetter Holding ApS — Credit Rating and Financial Key Figures

CVR number: 44115344
Stolbjergvej 9, 9500 Hobro

Company information

Official name
Jens Jørgen Vetter Holding ApS
Established
2023
Company form
Private limited company
Industry

About Jens Jørgen Vetter Holding ApS

Jens Jørgen Vetter Holding ApS (CVR number: 44115344) is a company from MARIAGERFJORD. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 1 % compared to the previous year. The operating profit percentage was at 98.7 % (EBIT: 1.3 mDKK), while net earnings were 1317.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. Jens Jørgen Vetter Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales1 309.711 323.36
Gross profit1 299.361 305.80
EBIT1 299.361 305.80
Net earnings1 311.951 317.34
Shareholders equity total5 487.046 554.38
Balance sheet total (assets)8 262.299 384.98
Net debt-2 165.05-2 017.15
Profitability
EBIT-%99.2 %98.7 %
ROA15.9 %15.6 %
ROE23.9 %21.9 %
ROI24.0 %22.8 %
Economic value added (EVA)1 298.681 469.48
Solvency
Equity ratio66.4 %69.8 %
Gearing
Relative net indebtedness %46.6 %61.5 %
Liquidity
Quick ratio1.11.0
Current ratio1.11.0
Cash and cash equivalents2 165.052 017.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %14.3 %-71.8 %
Credit risk
Credit ratingAAA

Variable visualization

ROA:15.6%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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