JOAN ØRTING ApS

CVR number: 29205590
Wildersgade 55, 1408 København K
adm@joanoerting.dk
tel: 10204308

Credit rating

Company information

Official name
JOAN ØRTING ApS
Personnel
9 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon90Creative, arts and entertainment activities

About JOAN ØRTING ApS

JOAN ØRTING ApS (CVR number: 29205590) is a company from KØBENHAVN. The company recorded a gross profit of 2282 kDKK in 2023. The operating profit was -262.3 kDKK, while net earnings were -112.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.8 %, 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. JOAN ØRTING ApS's liquidity measured by quick ratio was 3.9 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
20192020202120222023
Volume
Net sales
Gross profit3 840.112 972.192 933.892 295.512 282.04
EBIT1 313.77485.81493.37- 359.13- 262.32
Net earnings1 230.15512.63418.85- 242.54- 112.22
Shareholders equity total2 585.543 098.173 517.023 274.483 162.26
Balance sheet total (assets)4 247.804 608.684 896.864 464.604 225.39
Net debt-1 073.65-1 041.10- 592.29- 672.49- 349.05
Profitability
EBIT-%
ROA34.2 %12.5 %11.8 %-6.2 %-2.9 %
ROE62.4 %18.0 %12.7 %-7.1 %-3.5 %
ROI65.7 %19.1 %16.7 %-8.5 %-4.0 %
Economic value added (EVA)1 250.21389.85277.03- 430.31- 341.70
Solvency
Equity ratio60.9 %67.2 %71.8 %73.3 %74.8 %
Gearing1.2 %0.5 %0.0 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.53.13.53.73.9
Current ratio2.53.13.53.84.0
Cash and cash equivalents1 105.151 041.10611.45673.25371.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-2.94%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.8%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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