THS. JØRGENSEN OG SØN A/S — Credit Rating and Financial Key Figures

CVR number: 28575017
Odinsvej 13, 4640 Faxe
tel: 56713166

Credit rating

Company information

Official name
THS. JØRGENSEN OG SØN A/S
Personnel
20 persons
Established
1970
Company form
Limited company
Industry

About THS. JØRGENSEN OG SØN A/S

THS. JØRGENSEN OG SØN A/S (CVR number: 28575017) is a company from FAXE. The company recorded a gross profit of 8699.8 kDKK in 2023. The operating profit was -1464.1 kDKK, while net earnings were -1185.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -27.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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. THS. JØRGENSEN OG SØN A/S's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 338.5510 563.159 856.8212 348.308 699.75
EBIT1 924.802 132.201 067.921 329.85-1 464.10
Net earnings1 617.571 639.32656.831 050.12-1 185.78
Shareholders equity total6 369.146 408.465 065.285 465.403 229.62
Balance sheet total (assets)10 652.2812 575.7511 941.2912 872.6010 481.50
Net debt-4 139.29-5 979.10-2 352.25-3 227.23- 595.23
Profitability
EBIT-%
ROA19.9 %18.6 %9.1 %11.2 %-12.3 %
ROE25.6 %25.7 %11.4 %19.9 %-27.3 %
ROI29.4 %29.3 %17.4 %23.6 %-24.7 %
Economic value added (EVA)1 407.221 572.53811.21912.91-1 254.84
Solvency
Equity ratio63.5 %57.3 %53.9 %48.3 %38.4 %
Gearing43.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.82.52.62.02.1
Current ratio3.01.91.51.61.4
Cash and cash equivalents4 139.295 979.102 352.253 227.232 006.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAABBB

Variable visualization

ROA:-12.3%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.4%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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