Claus Ludvig Jørgensen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40409335
Ribevej 59, Foldingbro 6650 Brørup

Company information

Official name
Claus Ludvig Jørgensen Holding ApS
Established
2019
Domicile
Foldingbro
Company form
Private limited company
Industry

About Claus Ludvig Jørgensen Holding ApS

Claus Ludvig Jørgensen Holding ApS (CVR number: 40409335) is a company from VEJEN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -50 % compared to the previous year. The operating profit percentage was at 92.1 % (EBIT: 0.1 mDKK), while net earnings were 16.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25 %, 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. Claus Ludvig Jørgensen Holding ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales441.00195.00196.0098.00
Gross profit-13.67432.63188.00188.2590.25
EBIT-13.67432.63188.00188.2590.25
Net earnings-81.18346.08110.03114.4116.92
Shareholders equity total238.82584.89694.92809.33826.25
Balance sheet total (assets)3 311.323 302.873 300.863 310.083 310.33
Net debt3 056.18-2.87-0.86-10.08-10.33
Profitability
EBIT-%98.1 %96.4 %96.0 %92.1 %
ROA-0.4 %13.1 %5.7 %5.7 %2.7 %
ROE-34.0 %84.0 %17.2 %15.2 %2.1 %
ROI-0.4 %13.4 %6.0 %6.0 %3.0 %
Economic value added (EVA)-13.67766.41338.15332.77229.48
Solvency
Equity ratio7.2 %17.7 %21.1 %24.5 %25.0 %
Gearing1284.5 %
Relative net indebtedness %615.7 %1335.9 %1270.8 %2524.2 %
Liquidity
Quick ratio2.30.00.00.10.0
Current ratio2.30.00.00.10.0
Cash and cash equivalents11.322.870.8610.0810.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-36.8 %-107.3 %-51.5 %-490.5 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:2.73%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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