JØRGENSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JØRGENSEN HOLDING ApS
JØRGENSEN HOLDING ApS (CVR number: 21250090K) is a company from ESBJERG. The company reported a net sales of 343.7 mDKK in 2019. The operating profit percentage was at 19.3 % (EBIT: 66.4 mDKK), while net earnings were 48.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 35.1 %, which can be considered excellent and Return on Equity (ROE) was 72.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. JØRGENSEN HOLDING ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 343 682.00 | ||||
Gross profit | 27 815.99 | 44 617.97 | 62 288.50 | 86 121.00 | 124 385.00 |
EBIT | 17 430.03 | 28 508.23 | 40 338.88 | 43 229.00 | 66 363.00 |
Net earnings | 12 989.34 | 24 174.04 | 25 662.11 | 35 585.00 | 48 909.00 |
Shareholders equity total | 12 255.45 | 43 392.48 | 55 013.60 | 79 754.00 | 107 960.00 |
Balance sheet total (assets) | 46 311.70 | 71 246.61 | 107 806.22 | 168 317.00 | 216 005.00 |
Net debt | - 792.75 | -4 736.11 | -3 529.59 | -3 857.00 | -14 321.00 |
Profitability | |||||
EBIT-% | 19.3 % | ||||
ROA | 37.8 % | 54.4 % | 45.5 % | 34.1 % | 35.1 % |
ROE | 266.1 % | 154.5 % | 79.0 % | 75.7 % | 72.5 % |
ROI | 75.2 % | 91.2 % | 65.9 % | 47.0 % | 45.4 % |
Economic value added (EVA) | 13 260.76 | 21 265.64 | 28 466.37 | 29 972.12 | 45 015.30 |
Solvency | |||||
Equity ratio | 36.0 % | 60.9 % | 51.0 % | 47.4 % | 50.0 % |
Gearing | 27.9 % | 7.3 % | 38.8 % | 54.8 % | 59.7 % |
Relative net indebtedness % | 8.5 % | ||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 0.9 | 0.8 | 1.5 |
Current ratio | 1.7 | 2.6 | 2.0 | 1.7 | 2.7 |
Cash and cash equivalents | 4 213.67 | 7 888.62 | 24 869.05 | 47 590.00 | 78 735.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.1 | ||||
Net working capital % | 30.8 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | AA |
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