Jørgensen Baere ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Jørgensen Baere ApS
Jørgensen Baere ApS (CVR number: 21443034) is a company from KØBENHAVN. The company recorded a gross profit of -308.4 kDKK in 2021. The operating profit was -8.2 kDKK, while net earnings were -7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40 %, 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. Jørgensen Baere ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 596.12 | 1 660.07 | 1 617.74 | ||
Gross profit | 119.11 | 66.83 | 6.39 | - 162.67 | - 308.40 |
EBIT | -3.48 | -41.31 | - 114.14 | 163.22 | -8.25 |
Net earnings | -2.91 | -32.59 | -89.58 | 127.21 | -6.97 |
Shareholders equity total | 400.32 | 267.74 | 78.15 | 205.36 | 128.38 |
Balance sheet total (assets) | 483.62 | 292.24 | 120.13 | 310.74 | 320.99 |
Net debt | - 468.40 | - 270.01 | -85.13 | - 310.62 | -52.47 |
Profitability | |||||
EBIT-% | -0.2 % | -2.5 % | -7.1 % | ||
ROA | -0.7 % | -10.6 % | -55.4 % | 75.8 % | -2.6 % |
ROE | -0.7 % | -9.8 % | -51.8 % | 89.7 % | -4.2 % |
ROI | -0.9 % | -12.4 % | -66.0 % | 115.1 % | -4.9 % |
Economic value added (EVA) | 2.82 | -28.92 | -89.02 | 127.66 | -1.35 |
Solvency | |||||
Equity ratio | 83.3 % | 91.6 % | 67.9 % | 97.2 % | 40.0 % |
Gearing | |||||
Relative net indebtedness % | -24.1 % | -14.8 % | -2.7 % | ||
Liquidity | |||||
Quick ratio | 6.0 | 11.9 | 3.3 | 52.8 | 1.7 |
Current ratio | 5.8 | 11.9 | 2.9 | 2.9 | 1.7 |
Cash and cash equivalents | 468.40 | 270.01 | 85.13 | 310.62 | 52.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 25.1 % | 16.1 % | 4.8 % | ||
Credit risk | |||||
Credit rating | BB | B | B | C | B |
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