THS. JØRGENSEN OG SØN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10 338.55 | 10 563.15 | 9 856.82 | 12 348.30 | 8 699.75 |
EBIT | 1 924.80 | 2 132.20 | 1 067.92 | 1 329.85 | -1 464.10 |
Net earnings | 1 617.57 | 1 639.32 | 656.83 | 1 050.12 | -1 185.78 |
Shareholders equity total | 6 369.14 | 6 408.46 | 5 065.28 | 5 465.40 | 3 229.62 |
Balance sheet total (assets) | 10 652.28 | 12 575.75 | 11 941.29 | 12 872.60 | 10 481.50 |
Net debt | -4 139.29 | -5 979.10 | -2 352.25 | -3 227.23 | - 595.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.9 % | 18.6 % | 9.1 % | 11.2 % | -12.3 % |
ROE | 25.6 % | 25.7 % | 11.4 % | 19.9 % | -27.3 % |
ROI | 29.4 % | 29.3 % | 17.4 % | 23.6 % | -24.7 % |
Economic value added (EVA) | 1 407.22 | 1 572.53 | 811.21 | 912.91 | -1 254.84 |
Solvency | |||||
Equity ratio | 63.5 % | 57.3 % | 53.9 % | 48.3 % | 38.4 % |
Gearing | 43.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 2.5 | 2.6 | 2.0 | 2.1 |
Current ratio | 3.0 | 1.9 | 1.5 | 1.6 | 1.4 |
Cash and cash equivalents | 4 139.29 | 5 979.10 | 2 352.25 | 3 227.23 | 2 006.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | BBB |
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