JOE Holding Farum ApS — Credit Rating and Financial Key Figures

CVR number: 38291025
Kærvej 7, 3520 Farum

Company information

Official name
JOE Holding Farum ApS
Established
2016
Company form
Private limited company
Industry

About JOE Holding Farum ApS

JOE Holding Farum ApS (CVR number: 38291025) is a company from FURESØ. The company recorded a gross profit of 762.3 kDKK in 2023. The operating profit was 762.3 kDKK, while net earnings were 592.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.9 %, which can be considered excellent and Return on Equity (ROE) was 72.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JOE Holding Farum ApS's liquidity measured by quick ratio was 22.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit495.97762.28
EBIT495.97762.28
Net earnings554.62592.55
Shareholders equity total1.001.0039.60544.621 087.17
Balance sheet total (assets)25.0025.0040.00837.681 312.91
Net debt-1.00-1.00-16.00- 610.92- 418.31
Profitability
EBIT-%
ROA164.7 %70.9 %
ROE189.9 %72.6 %
ROI247.4 %93.4 %
Economic value added (EVA)-0.05-0.05-0.05332.10566.78
Solvency
Equity ratio4.0 %4.0 %99.0 %65.0 %82.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.00.06.122.3
Current ratio0.00.06.122.3
Cash and cash equivalents1.001.0016.00610.92418.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:70.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.8%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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