JJ Agro ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JJ Agro ApS
JJ Agro ApS (CVR number: 41262648) is a company from IKAST-BRANDE. The company reported a net sales of 2.9 mDKK in 2023. The operating profit percentage was at 9.6 % (EBIT: 0.3 mDKK), while net earnings were 79.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.6 %, 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. JJ Agro ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 2 875.24 | |||
Gross profit | 180.10 | -69.75 | 1 592.91 | 514.87 |
EBIT | 116.10 | - 353.43 | 1 457.94 | 275.90 |
Net earnings | 75.48 | - 560.81 | 1 155.00 | 79.72 |
Shareholders equity total | 115.48 | - 445.33 | 709.66 | 789.39 |
Balance sheet total (assets) | 2 127.76 | 2 271.37 | 2 750.38 | 1 528.54 |
Net debt | - 156.96 | -18.15 | - 109.01 | -82.93 |
Profitability | ||||
EBIT-% | 9.6 % | |||
ROA | 5.5 % | -14.6 % | 53.3 % | 12.9 % |
ROE | 65.4 % | -47.0 % | 77.5 % | 10.6 % |
ROI | 30.4 % | -117.1 % | 275.2 % | 32.7 % |
Economic value added (EVA) | 107.55 | - 366.89 | 1 358.61 | 164.43 |
Solvency | ||||
Equity ratio | 5.4 % | -16.4 % | 25.8 % | 51.6 % |
Gearing | 64.1 % | -16.8 % | ||
Relative net indebtedness % | 19.5 % | |||
Liquidity | ||||
Quick ratio | 0.2 | 0.2 | 0.4 | 0.5 |
Current ratio | 0.4 | 0.5 | 0.9 | 1.1 |
Cash and cash equivalents | 230.95 | 93.15 | 109.01 | 82.93 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 8.7 | |||
Net working capital % | 2.9 % | |||
Credit risk | ||||
Credit rating | BBB | B | BBB | BBB |
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