J. Kaae Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. Kaae Holding ApS
J. Kaae Holding ApS (CVR number: 38482696) is a company from KOLDING. The company recorded a gross profit of -6.9 kDKK in 2024. The operating profit was -6.9 kDKK, while net earnings were -6.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.3 %, which can be considered poor and Return on Equity (ROE) was -49.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. J. Kaae Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.70 | -12.64 | -7.83 | -7.11 | -6.93 |
| EBIT | -6.70 | -12.64 | -7.83 | -7.11 | -6.93 |
| Net earnings | -43.04 | -37.98 | - 116.56 | -7.06 | -6.85 |
| Shareholders equity total | 197.56 | 140.76 | 24.20 | 17.14 | 10.29 |
| Balance sheet total (assets) | 202.56 | 153.66 | 30.51 | 23.48 | 40.64 |
| Net debt | -59.77 | -49.27 | -30.50 | -23.47 | 7.36 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -19.1 % | -20.9 % | -114.4 % | -26.0 % | -21.3 % |
| ROE | -19.6 % | -22.5 % | -141.3 % | -34.2 % | -49.9 % |
| ROI | -19.3 % | -22.1 % | -127.7 % | -34.0 % | -26.6 % |
| Economic value added (EVA) | -18.94 | -22.57 | -14.90 | -8.32 | -7.79 |
| Solvency | |||||
| Equity ratio | 97.5 % | 91.6 % | 79.3 % | 73.0 % | 25.3 % |
| Gearing | 233.2 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 14.6 | 11.9 | 4.8 | 3.7 | 0.5 |
| Current ratio | 14.6 | 11.9 | 4.8 | 3.7 | 0.5 |
| Cash and cash equivalents | 59.77 | 49.27 | 30.50 | 23.47 | 16.64 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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