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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  2.3% 2.0% 1.7% 1.7% 1.9%  
Credit score (0-100)  66 68 71 72 68  
Credit rating  BBB A A A A  
Credit limit (kDKK)  0.0 0.2 1.8 2.0 0.4  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  258 257 265 265 265  
EBITDA  258 257 265 265 265  
EBIT  127 124 131 129 129  
Pre-tax profit (PTP)  81.0 75.5 84.2 84.1 77.1  
Net earnings  54.5 58.9 65.7 65.6 60.2  
Pre-tax profit without non-rec. items  81.0 75.5 84.2 84.1 77.1  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  3,527 3,413 3,311 3,215 3,079  
Shareholders equity total  1,906 1,965 2,031 2,096 1,806  
Interest-bearing liabilities  1,408 1,337 1,310 1,283 1,256  
Balance sheet total (assets)  3,892 3,864 3,892 3,913 3,594  

Net Debt  1,056 886 729 585 742  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  258 257 265 265 265  
Gross profit growth  0.0% -0.6% 3.2% 0.1% 0.1%  
Employees  0 0 0 0 0  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  3,892 3,864 3,892 3,913 3,594  
Balance sheet change%  0.0% -0.7% 0.7% 0.5% -8.2%  
Added value  257.9 256.5 264.7 263.4 265.2  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  3,396 -246 -237 -231 -272  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  1.0 2.0 3.0 4.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  49.1% 48.2% 49.3% 48.8% 48.8%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  3.3% 3.2% 3.4% 3.3% 3.5%  
ROI %  3.3% 3.2% 3.4% 3.4% 3.5%  
ROE %  2.9% 3.0% 3.3% 3.2% 3.1%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  49.0% 50.9% 52.2% 53.6% 50.3%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  409.5% 345.4% 275.3% 220.7% 279.6%  
Gearing %  73.9% 68.0% 64.5% 61.2% 69.5%  
Net interest  0 0 0 0 0  
Financing costs %  6.5% 3.5% 3.5% 3.5% 4.2%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.8 2.3 2.4 2.6 1.6  
Current Ratio  1.8 2.3 2.4 2.6 1.6  
Cash and cash equivalent  351.8 450.6 581.5 698.1 514.4  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  159.0 253.5 343.1 424.8 191.5  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 0 0 0  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 0 0  
EBIT / employee  0 0 0 0 0  
Net earnings / employee  0 0 0 0 0