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J. DUCKERT HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. DUCKERT HOLDING A/S
J. DUCKERT HOLDING A/S (CVR number: 24211479K) is a company from HØRSHOLM. The company reported a net sales of 91.1 mDKK in 2015, demonstrating a decline of -8.1 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 2 mDKK), while net earnings were 46.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 35.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. J. DUCKERT HOLDING A/S's liquidity measured by quick ratio was 2.7 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2013 | 2014 | 2015 | |
|---|---|---|---|
| Volume | |||
| Net sales | 120.55 | 99.13 | 91.13 |
| Gross profit | 62.13 | 49.95 | 48.16 |
| EBIT | -4.94 | -2.73 | 1.97 |
| Net earnings | 14.38 | 12.93 | 46.84 |
| Shareholders equity total | 114.00 | 126.93 | 171.23 |
| Balance sheet total (assets) | 204.70 | 203.38 | 230.03 |
| Net debt | - 110.87 | ||
| Profitability | |||
| EBIT-% | 2.2 % | ||
| ROA | 13.0 % | 12.0 % | 27.8 % |
| ROE | 15.8 % | 13.2 % | 35.1 % |
| ROI | 18.2 % | 16.2 % | 34.2 % |
| Economic value added (EVA) | -3.70 | -8.14 | -5.09 |
| Solvency | |||
| Equity ratio | 63.5 % | 72.3 % | 75.0 % |
| Gearing | 1.6 % | 0.1 % | 14.7 % |
| Relative net indebtedness % | -13.2 % | -50.2 % | -85.0 % |
| Liquidity | |||
| Quick ratio | 2.0 | 3.0 | 2.7 |
| Current ratio | 1.9 | 2.6 | 2.6 |
| Cash and cash equivalents | 76.24 | 98.09 | 135.97 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 44.2 | 64.4 | 27.3 |
| Net working capital % | -7.3 % | -4.1 % | -9.8 % |
| Credit risk | |||
| Credit rating | AA |
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