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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  1.1% 0.8% 0.7% 0.6% 0.6%  
Credit score (0-100)  86 90 94 96 96  
Credit rating  A A A A A  
Credit limit (kDKK)  399.8 838.8 1,093.3 1,211.6 1,334.1  

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  518 791 669 1,143 1,260  
EBITDA  518 791 669 1,143 1,260  
EBIT  344 607 483 831 922  
Pre-tax profit (PTP)  1,926.6 1,798.7 1,507.5 1,094.5 1,058.3  
Net earnings  1,850.8 1,655.9 1,377.7 926.3 868.1  
Pre-tax profit without non-rec. items  1,927 1,799 1,507 1,095 1,058  

 
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  10,245 10,382 10,196 18,437 18,339  
Shareholders equity total  8,430 9,986 11,307 12,177 12,986  
Interest-bearing liabilities  5,041 3,026 2,088 7,959 7,533  
Balance sheet total (assets)  13,617 13,217 13,551 20,720 21,170  

Net Debt  5,041 3,026 1,624 7,912 6,829  
 
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  518 791 669 1,143 1,260  
Gross profit growth  -3.6% 52.5% -15.4% 70.9% 10.2%  
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)  13,617 13,217 13,551 20,720 21,170  
Balance sheet change%  12.0% -2.9% 2.5% 52.9% 2.2%  
Added value  518.4 790.7 669.1 1,016.9 1,260.3  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  385 -46 -371 7,929 -437  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  2.0 3.0 4.0 5.0 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 (%)  66.4% 76.8% 72.3% 72.7% 73.1%  
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 %  16.4% 14.6% 12.0% 8.1% 6.5%  
ROI %  16.6% 14.8% 12.1% 8.1% 6.6%  
ROE %  24.6% 18.0% 12.9% 7.9% 6.9%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  61.9% 75.6% 83.4% 58.8% 61.3%  
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, %  972.5% 382.7% 242.7% 692.0% 541.8%  
Gearing %  59.8% 30.3% 18.5% 65.4% 58.0%  
Net interest  0 0 0 0 0  
Financing costs %  3.7% 4.0% 4.1% 5.8% 3.9%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.5 1.2 12.8 2.5 5.5  
Current Ratio  0.5 1.2 12.8 2.5 5.5  
Cash and cash equivalent  0.0 0.0 464.2 47.9 704.1  

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  -1,471.5 201.5 1,817.2 849.0 1,669.9  
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