JOE ApS — Credit Rating and Financial Key Figures

JOE ApS (CVR number: 32670253) is a company from ODENSE. The company recorded a gross profit of 3027.3 kDKK in 2024. The operating profit was 11.3 mDKK, while net earnings were 8376.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JOE ApS's liquidity measured by quick ratio was 2.8 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.