Credit rating
Company information
About OVE JÆGER A/S
OVE JÆGER A/S (CVR number: 87169928) is a company from KOLDING. The company recorded a gross profit of 1167.3 kDKK in 2018. The operating profit was -55.7 kDKK, while net earnings were -44.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -7.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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. OVE JÆGER A/S'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 financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 1 944.20 | 1 596.29 | 1 167.34 |
EBIT | 266.30 | 306.03 | -55.74 |
Net earnings | 209.50 | 236.38 | -44.37 |
Shareholders equity total | 709.51 | 736.38 | 455.63 |
Balance sheet total (assets) | 1 320.32 | 1 261.71 | 881.13 |
Net debt | - 633.37 | - 444.63 | - 178.34 |
Profitability | |||
EBIT-% | |||
ROA | 20.9 % | 23.9 % | -5.0 % |
ROE | 29.5 % | 32.7 % | -7.4 % |
ROI | 36.5 % | 40.3 % | -7.9 % |
Economic value added (EVA) | 202.60 | 230.97 | -60.85 |
Solvency | |||
Equity ratio | 53.7 % | 58.4 % | 51.7 % |
Gearing | 17.9 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.8 | 2.1 | 1.3 |
Current ratio | 1.8 | 2.2 | 1.3 |
Cash and cash equivalents | 633.37 | 444.63 | 260.01 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BB |
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