J. Secher Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40504958
Ågeslundvej 19, 7200 Grindsted

Company information

Official name
J. Secher Holding ApS
Established
2019
Company form
Private limited company
Industry

About J. Secher Holding ApS

J. Secher Holding ApS (CVR number: 40504958) is a company from BILLUND. The company recorded a gross profit of 354.3 kDKK in 2023. The operating profit was 152.6 kDKK, while net earnings were 124.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. J. Secher Holding ApS's liquidity measured by quick ratio was 2.2 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 profit-9.75220.71382.17369.88354.34
EBIT-10.7382.75181.03168.14152.60
Net earnings- 421.54640.671 065.79267.15124.54
Shareholders equity total1 169.891 810.552 876.353 143.503 268.04
Balance sheet total (assets)6 424.257 441.958 668.606 865.926 613.69
Net debt5 173.155 392.445 188.213 416.992 976.79
Profitability
EBIT-%
ROA-9.5 %11.5 %16.1 %5.5 %4.5 %
ROE-30.5 %43.0 %45.5 %8.9 %3.9 %
ROI-9.7 %11.8 %16.8 %5.8 %4.6 %
Economic value added (EVA)69.73-59.54113.9892.32- 102.80
Solvency
Equity ratio18.2 %24.6 %33.6 %46.5 %50.2 %
Gearing442.2 %300.4 %184.6 %109.0 %93.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.00.21.22.2
Current ratio0.60.00.21.01.7
Cash and cash equivalents46.14120.2810.4370.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.45%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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