Credit rating
Company information
About A.P. Jørgensen A/S
A.P. Jørgensen A/S (CVR number: 39552345) is a company from ESBJERG. The company recorded a gross profit of 16.4 mDKK in 2023. The operating profit was 7084.3 kDKK, while net earnings were 2501.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 24.3 %, 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. A.P. Jørgensen A/S's liquidity measured by quick ratio was 0.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 510.00 | 11 577.00 | 12 098.00 | 17 823.00 | 16 433.72 |
EBIT | 4 752.00 | 5 960.00 | 3 396.00 | 9 279.00 | 7 084.34 |
Net earnings | 3 202.00 | 3 871.00 | 1 554.00 | 5 669.00 | 2 501.17 |
Shareholders equity total | 24 447.00 | 28 318.00 | 29 872.00 | 35 541.00 | 38 042.27 |
Balance sheet total (assets) | 117 392.00 | 128 449.00 | 142 360.00 | 145 583.00 | 156 756.70 |
Net debt | 78 450.00 | 84 434.00 | 105 590.00 | 95 187.00 | 108 792.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.1 % | 5.0 % | 2.5 % | 6.5 % | 4.8 % |
ROE | 14.0 % | 14.7 % | 5.3 % | 17.3 % | 6.8 % |
ROI | 5.8 % | 5.7 % | 2.8 % | 7.0 % | 5.2 % |
Economic value added (EVA) | 2 150.40 | 2 962.65 | 576.22 | 5 136.10 | 3 145.87 |
Solvency | |||||
Equity ratio | 20.8 % | 22.0 % | 21.0 % | 24.4 % | 24.3 % |
Gearing | 320.9 % | 298.3 % | 353.7 % | 268.0 % | 286.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 |
Current ratio | 1.1 | 1.2 | 1.1 | 1.2 | 1.2 |
Cash and cash equivalents | 10.00 | 30.00 | 69.00 | 54.00 | 36.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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