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J Rafn Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J Rafn Holding ApS
J Rafn Holding ApS (CVR number: 37569895) is a company from VIBORG. The company reported a net sales of 1.7 mDKK in 2024, demonstrating a growth of 1228.8 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 1.7 mDKK), while net earnings were 1661.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J Rafn Holding ApS's liquidity measured by quick ratio was 4.8 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 125.01 | 1 661.09 | |||
| Gross profit | -7.50 | -7.50 | -1.88 | 122.51 | 1 656.09 |
| EBIT | -7.50 | -7.50 | -1.88 | 122.51 | 1 656.09 |
| Net earnings | 1 239.80 | 1 255.07 | 1 397.74 | 120.03 | 1 661.92 |
| Shareholders equity total | 2 827.85 | 4 026.42 | 5 365.26 | 5 304.39 | 6 581.31 |
| Balance sheet total (assets) | 2 936.86 | 4 489.35 | 5 611.29 | 5 658.83 | 6 705.22 |
| Net debt | 79.81 | 260.83 | -25.92 | 133.60 | -96.74 |
| Profitability | |||||
| EBIT-% | 98.0 % | 99.7 % | |||
| ROA | 53.2 % | 34.0 % | 28.0 % | 2.4 % | 26.9 % |
| ROE | 55.5 % | 36.6 % | 29.8 % | 2.2 % | 28.0 % |
| ROI | 53.3 % | 34.6 % | 29.0 % | 2.5 % | 27.3 % |
| Economic value added (EVA) | -91.93 | - 154.70 | - 220.68 | - 151.50 | 1 377.83 |
| Solvency | |||||
| Equity ratio | 96.3 % | 89.7 % | 95.6 % | 93.7 % | 98.2 % |
| Gearing | 3.7 % | 8.2 % | 0.8 % | 4.2 % | 1.7 % |
| Relative net indebtedness % | 212.7 % | -5.0 % | |||
| Liquidity | |||||
| Quick ratio | 1.2 | 0.9 | 1.0 | 1.6 | 4.8 |
| Current ratio | 1.2 | 0.9 | 1.0 | 1.6 | 4.8 |
| Cash and cash equivalents | 24.20 | 68.28 | 67.17 | 88.55 | 207.64 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 157.9 % | 28.6 % | |||
| Credit risk | |||||
| Credit rating | A | A | A | A | AA |
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