JO HOLDING SOLRØD ApS — Credit Rating and Financial Key Figures

CVR number: 19969843
Fjordbakken 12, 4400 Kalundborg
jensolsen2703@gmail.com
tel: 20409723

Company information

Official name
JO HOLDING SOLRØD ApS
Established
1997
Company form
Private limited company
Industry

About JO HOLDING SOLRØD ApS

JO HOLDING SOLRØD ApS (CVR number: 19969843) is a company from KALUNDBORG. The company recorded a gross profit of -225.1 kDKK in 2023. The operating profit was -225.1 kDKK, while net earnings were 3690 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.9 %, which can be considered excellent and Return on Equity (ROE) was 26.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JO HOLDING SOLRØD ApS's liquidity measured by quick ratio was 5.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-17.91-38.67- 479.55- 172.31- 225.15
EBIT-17.91-38.67- 479.55- 172.31- 225.15
Net earnings2 047.17-5.012 285.401 089.383 690.04
Shareholders equity total12 006.1611 945.8514 231.2515 263.3312 684.47
Balance sheet total (assets)12 020.6612 129.1315 188.2015 308.6614 690.23
Net debt-6 162.40-6 380.37-9 158.79-9 770.20-9 408.58
Profitability
EBIT-%
ROA22.5 %0.3 %18.2 %15.9 %25.9 %
ROE18.6 %-0.0 %17.5 %7.4 %26.4 %
ROI18.9 %0.3 %18.5 %16.0 %27.8 %
Economic value added (EVA)- 520.98- 636.05- 939.21- 889.72- 944.25
Solvency
Equity ratio99.9 %98.5 %93.7 %99.7 %86.3 %
Gearing5.5 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio550.044.111.6248.55.3
Current ratio550.044.111.6248.55.3
Cash and cash equivalents6 162.406 380.379 945.699 800.049 408.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:25.9%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.3%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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