JIK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JIK HOLDING A/S
JIK HOLDING A/S (CVR number: 25655303) is a company from BILLUND. The company recorded a gross profit of -28.6 kDKK in 2024. The operating profit was -28.6 kDKK, while net earnings were -428.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50 %, which can be considered excellent but Return on Equity (ROE) was -68.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. JIK HOLDING A/S's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -22.32 | -36.39 | -47.99 | -25.88 | -28.57 |
EBIT | -1 547.32 | -36.39 | -47.99 | -25.88 | -28.57 |
Net earnings | -1 466.64 | 136.68 | - 157.71 | - 362.12 | - 428.33 |
Shareholders equity total | 1 632.87 | 1 656.55 | 1 384.44 | 904.52 | 354.19 |
Balance sheet total (assets) | 1 651.89 | 2 258.98 | 1 969.06 | 1 494.28 | 915.70 |
Net debt | -1 331.30 | - 852.58 | - 481.53 | - 420.52 | - 355.06 |
Profitability | |||||
EBIT-% | |||||
ROA | -51.2 % | 12.0 % | -0.0 % | 32.3 % | 50.0 % |
ROE | -60.6 % | 8.3 % | -10.4 % | -31.6 % | -68.1 % |
ROI | -51.3 % | 12.3 % | 4.7 % | -19.3 % | -30.1 % |
Economic value added (EVA) | -1 726.11 | - 104.27 | - 157.99 | - 123.09 | - 102.82 |
Solvency | |||||
Equity ratio | 98.8 % | 73.3 % | 70.3 % | 60.5 % | 38.7 % |
Gearing | 0.6 % | 32.1 % | 39.7 % | 63.3 % | 153.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 85.9 | 2.8 | 2.3 | 1.7 | 1.6 |
Current ratio | 85.9 | 2.8 | 2.3 | 1.7 | 1.6 |
Cash and cash equivalents | 1 341.30 | 1 385.04 | 1 031.01 | 992.78 | 899.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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