JIFFY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JIFFY A/S
JIFFY A/S (CVR number: 33540515) is a company from SYDDJURS. The company recorded a gross profit of 12.4 mDKK in 2023. The operating profit was -9129 kDKK, while net earnings were 779.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.2 %, which can be considered poor but Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. JIFFY A/S's liquidity measured by quick ratio was 2.9 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 | 49 160.50 | ||||
Gross profit | 7 319.04 | 12 689.64 | 14 484.26 | 15 737.11 | 12 384.54 |
EBIT | -2 685.25 | 1 419.75 | 1 233.00 | -6 885.38 | -9 129.03 |
Net earnings | 951.87 | 968.57 | 845.37 | 1 189.33 | 779.05 |
Shareholders equity total | 15 858.18 | 16 826.75 | 17 672.12 | 18 861.45 | 19 640.50 |
Balance sheet total (assets) | 27 192.66 | 30 072.21 | 40 805.95 | 35 642.21 | 36 745.18 |
Net debt | 8 038.11 | 7 549.49 | 16 208.89 | 10 147.56 | 10 794.61 |
Profitability | |||||
EBIT-% | -5.5 % | ||||
ROA | -9.7 % | 5.0 % | 3.5 % | -18.0 % | -25.2 % |
ROE | 6.2 % | 5.9 % | 4.9 % | 6.5 % | 4.0 % |
ROI | -10.8 % | 5.6 % | 4.0 % | -18.5 % | -23.5 % |
Economic value added (EVA) | -2 835.65 | 308.56 | 127.42 | -6 403.63 | -8 290.98 |
Solvency | |||||
Equity ratio | 58.3 % | 56.0 % | 43.3 % | 70.5 % | 69.7 % |
Gearing | 50.7 % | 44.9 % | 91.8 % | 53.8 % | 55.0 % |
Relative net indebtedness % | 22.5 % | ||||
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 0.9 | 1.8 | 2.9 |
Current ratio | 2.4 | 2.2 | 1.7 | 7.3 | 8.2 |
Cash and cash equivalents | 3.97 | 4.72 | 6.09 | 8.64 | 0.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.2 | ||||
Net working capital % | 28.5 % | ||||
Credit risk | |||||
Credit rating | BBB | AA | AA | BBB | BBB |
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