Joachim Rye Holding APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Joachim Rye Holding APS
Joachim Rye Holding APS (CVR number: 39870274) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 0 kDKK, while net earnings were 79.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.8 %, which can be considered excellent and Return on Equity (ROE) was 204.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. Joachim Rye Holding APS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.75 | -4.88 | -2.13 | -20.31 | 0.00 |
EBIT | -4.75 | -4.88 | -2.13 | -20.31 | 0.00 |
Net earnings | -4.96 | -93.97 | -2.45 | -20.31 | 79.16 |
Shareholders equity total | 108.45 | 14.48 | 12.03 | -6.78 | 72.38 |
Balance sheet total (assets) | 138.73 | 49.63 | 23.68 | 4.88 | 262.53 |
Net debt | -29.45 | -24.35 | -13.53 | 5.28 | 8.31 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.6 % | -99.4 % | -5.8 % | -114.9 % | 57.8 % |
ROE | -4.5 % | -152.9 % | -18.5 % | -240.3 % | 204.9 % |
ROI | -3.8 % | -111.0 % | -6.9 % | -125.6 % | 168.1 % |
Economic value added (EVA) | -11.47 | -11.36 | -4.13 | -21.42 | -0.17 |
Solvency | |||||
Equity ratio | 78.2 % | 29.2 % | 50.8 % | -58.2 % | 27.6 % |
Gearing | 18.9 % | 174.6 % | 84.4 % | -149.8 % | 16.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.4 | 2.0 | 0.4 | 1.4 |
Current ratio | 1.7 | 1.4 | 2.0 | 0.4 | 1.4 |
Cash and cash equivalents | 49.98 | 49.63 | 23.68 | 4.88 | 3.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | B | B |
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