FOLMER JENSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FOLMER JENSEN HOLDING A/S
FOLMER JENSEN HOLDING A/S (CVR number: 15123907) is a company from RUDERSDAL. The company recorded a gross profit of -38.7 kDKK in 2023. The operating profit was -38.7 kDKK, while net earnings were 2859.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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. FOLMER JENSEN HOLDING A/S's liquidity measured by quick ratio was 3.2 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 | -32.16 | -43.80 | -37.95 | -34.98 | -38.67 |
EBIT | -32.16 | -43.80 | -37.95 | -34.98 | -38.67 |
Net earnings | 1 856.84 | 419.24 | 1 860.34 | -3 102.88 | 2 859.37 |
Shareholders equity total | 12 515.16 | 12 934.40 | 14 794.74 | 11 691.86 | 14 551.23 |
Balance sheet total (assets) | 17 360.10 | 18 267.71 | 21 716.50 | 18 282.66 | 21 201.14 |
Net debt | -12 636.29 | -13 015.98 | -15 231.56 | -11 615.51 | -14 419.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.4 % | 4.1 % | 14.0 % | 1.6 % | 15.6 % |
ROE | 16.0 % | 3.3 % | 13.4 % | -23.4 % | 21.8 % |
ROI | 14.5 % | 4.2 % | 14.2 % | 1.6 % | 15.6 % |
Economic value added (EVA) | 181.53 | 209.98 | 238.01 | 311.92 | 288.93 |
Solvency | |||||
Equity ratio | 72.1 % | 70.8 % | 68.1 % | 64.0 % | 68.6 % |
Gearing | 37.7 % | 40.6 % | 43.8 % | 56.4 % | 45.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.6 | 3.4 | 3.1 | 2.8 | 3.2 |
Current ratio | 3.6 | 3.4 | 3.1 | 2.8 | 3.2 |
Cash and cash equivalents | 17 351.03 | 18 260.97 | 21 706.80 | 18 206.30 | 21 068.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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