JA HANDEST HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26989949
Karetmagervej 1, Tilsted 7700 Thisted

Credit rating

Company information

Official name
JA HANDEST HOLDING ApS
Established
2004
Domicile
Tilsted
Company form
Private limited company
Industry

About JA HANDEST HOLDING ApS

JA HANDEST HOLDING ApS (CVR number: 26989949) is a company from THISTED. The company recorded a gross profit of -12.6 kDKK in 2023. The operating profit was -12.6 kDKK, while net earnings were -136.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. JA HANDEST HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-5.39-6.25-6.25-8.75-12.59
EBIT-5.39-6.25-6.25-8.75-12.59
Net earnings283.67715.43696.571 332.00- 136.75
Shareholders equity total1 833.442 548.873 245.434 577.444 340.68
Balance sheet total (assets)3 552.064 283.065 149.415 752.355 690.21
Net debt1 674.581 700.871 564.00828.88920.41
Profitability
EBIT-%
ROA7.0 %18.9 %15.3 %25.7 %-1.1 %
ROE16.8 %32.7 %24.0 %34.1 %-3.1 %
ROI7.1 %19.1 %15.9 %27.5 %-1.2 %
Economic value added (EVA)152.49164.32203.22205.22226.27
Solvency
Equity ratio51.6 %59.5 %63.0 %79.6 %76.3 %
Gearing91.3 %66.7 %48.2 %18.1 %21.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.30.0
Current ratio0.00.00.10.30.0
Cash and cash equivalents0.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-1.15%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.3%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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