JOURNEY 2005 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOURNEY 2005 ApS
JOURNEY 2005 ApS (CVR number: 37152633) is a company from KØBENHAVN. The company recorded a gross profit of 794 kDKK in 2024. The operating profit was -142.8 kDKK, while net earnings were -223.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.3 %, which can be considered poor and Return on Equity (ROE) was -46.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.8 %, 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. JOURNEY 2005 ApS's liquidity measured by quick ratio was 3.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 534.38 | 763.10 | 816.98 | 1 062.34 | 794.04 |
EBIT | - 445.54 | 165.51 | - 134.12 | 163.61 | - 142.84 |
Net earnings | - 351.39 | 130.75 | - 107.54 | 126.91 | - 223.87 |
Shareholders equity total | 444.46 | 575.21 | 467.67 | 594.58 | 370.71 |
Balance sheet total (assets) | 567.44 | 779.97 | 588.55 | 766.94 | 509.25 |
Net debt | - 186.33 | - 466.52 | -31.23 | -52.42 | -52.74 |
Profitability | |||||
EBIT-% | |||||
ROA | -57.7 % | 25.2 % | -19.6 % | 24.2 % | -20.3 % |
ROE | -56.7 % | 25.6 % | -20.6 % | 23.9 % | -46.4 % |
ROI | -67.2 % | 32.7 % | -25.5 % | 30.6 % | -26.8 % |
Economic value added (EVA) | - 391.85 | 105.46 | - 134.82 | 103.53 | - 131.34 |
Solvency | |||||
Equity ratio | 78.3 % | 73.7 % | 79.5 % | 77.5 % | 72.8 % |
Gearing | 3.7 % | 0.0 % | 1.8 % | 0.1 % | 0.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 3.6 | 4.3 | 4.2 | 3.6 |
Current ratio | 3.5 | 3.6 | 4.3 | 4.2 | 3.6 |
Cash and cash equivalents | 202.69 | 466.64 | 39.58 | 53.24 | 55.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BB |
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