Credit rating
Company information
About JED ApS
JED ApS (CVR number: 35653821) is a company from ODENSE. The company recorded a gross profit of 2109.2 kDKK in 2023. The operating profit was -219.4 kDKK, while net earnings were -193.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -16.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. JED ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 337.87 | 1 445.45 | 2 206.63 | 2 666.84 | 2 109.21 |
EBIT | 183.17 | 141.35 | 612.13 | 449.74 | - 219.44 |
Net earnings | 111.67 | 89.22 | 439.58 | 311.97 | - 193.31 |
Shareholders equity total | 399.63 | 488.85 | 928.43 | 1 240.40 | 1 047.09 |
Balance sheet total (assets) | 1 597.62 | 1 658.32 | 2 091.62 | 2 446.50 | 1 681.52 |
Net debt | 481.24 | 375.06 | 392.13 | 420.55 | -24.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.8 % | 8.7 % | 32.7 % | 19.8 % | -10.6 % |
ROE | 32.5 % | 20.1 % | 62.0 % | 28.8 % | -16.9 % |
ROI | 17.5 % | 13.5 % | 46.9 % | 25.5 % | -13.9 % |
Economic value added (EVA) | 113.02 | 88.79 | 456.13 | 313.92 | - 201.09 |
Solvency | |||||
Equity ratio | 25.0 % | 29.5 % | 44.4 % | 50.7 % | 62.3 % |
Gearing | 120.4 % | 76.8 % | 42.3 % | 33.9 % | 0.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.6 | 0.7 | 1.3 |
Current ratio | 0.9 | 1.1 | 1.6 | 1.5 | 2.3 |
Cash and cash equivalents | 0.06 | 0.17 | 0.29 | 0.27 | 27.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BB |
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