MAX JESSEN A/S — Credit Rating and Financial Key Figures

CVR number: 31286328
Industrivej 2, 9575 Terndrup
lau@ilva.dk
tel: 98336111

Credit rating

Company information

Official name
MAX JESSEN A/S
Personnel
28 persons
Established
1968
Company form
Limited company
Industry

About MAX JESSEN A/S

MAX JESSEN A/S (CVR number: 31286328) is a company from REBILD. The company recorded a gross profit of 8919.5 kDKK in 2023. The operating profit was 178.8 kDKK, while net earnings were 51.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MAX JESSEN A/S's liquidity measured by quick ratio was 0.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 946.0511 376.5613 004.8110 184.058 919.48
EBIT1 922.563 026.312 636.94168.74178.81
Net earnings1 460.292 254.322 013.8456.0151.79
Shareholders equity total6 995.229 249.539 263.388 319.398 371.18
Balance sheet total (assets)14 367.4724 283.3221 126.4220 016.3820 400.47
Net debt1 296.54-3 358.632 339.145 144.552 865.05
Profitability
EBIT-%
ROA14.0 %15.8 %11.6 %0.9 %0.9 %
ROE21.6 %27.8 %21.8 %0.6 %0.6 %
ROI23.2 %32.6 %23.9 %1.4 %1.4 %
Economic value added (EVA)1 136.851 994.361 756.26- 345.17- 287.63
Solvency
Equity ratio48.7 %38.1 %43.8 %41.6 %41.0 %
Gearing18.6 %3.3 %25.7 %62.1 %38.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.50.20.10.1
Current ratio1.91.61.71.61.6
Cash and cash equivalents2.883 660.5342.7424.48320.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:0.90%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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