Jass House ApS — Credit Rating and Financial Key Figures

CVR number: 41778237
Solrød Strandvej 77, 2680 Solrød Strand

Credit rating

Company information

Official name
Jass House ApS
Established
2020
Company form
Private limited company
Industry

About Jass House ApS

Jass House ApS (CVR number: 41778237) is a company from SOLRØD. The company recorded a gross profit of 168.2 kDKK in 2024. The operating profit was 160.1 kDKK, while net earnings were 85.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 32.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Jass House ApS's liquidity measured by quick ratio was 2.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit158.06141.59173.10168.25
EBIT148.58133.47164.97160.12
Net earnings18.0968.4490.1485.20
Shareholders equity total58.09126.53216.67301.87
Balance sheet total (assets)5 281.485 283.635 277.575 457.87
Net debt5 178.815 061.124 960.154 850.90
Profitability
EBIT-%
ROA2.8 %2.5 %3.1 %3.0 %
ROE31.1 %74.1 %52.5 %32.9 %
ROI2.8 %2.5 %3.2 %3.0 %
Economic value added (EVA)94.19- 153.63- 133.57- 136.84
Solvency
Equity ratio1.1 %2.4 %4.1 %5.5 %
Gearing8958.3 %4024.9 %2304.0 %1679.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.60.52.6
Current ratio1.50.60.52.6
Cash and cash equivalents25.3631.7632.04218.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.98%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.53%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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