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J. Krøje Horsens ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. Krøje Horsens ApS
J. Krøje Horsens ApS (CVR number: 36977701) is a company from AARHUS. The company recorded a gross profit of 296.9 kDKK in 2024. The operating profit was 197.8 kDKK, while net earnings were -185.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.1 %, 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. Krøje Horsens ApS's liquidity measured by quick ratio was 3.8 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 | |||||
| Gross profit | 232.27 | 263.13 | 261.02 | 264.07 | 296.89 |
| EBIT | 141.37 | 172.24 | 169.35 | 164.93 | 197.75 |
| Net earnings | 410.40 | 156.68 | 412.42 | -1 100.43 | - 185.71 |
| Shareholders equity total | 3 996.41 | 4 153.08 | 4 565.50 | 3 465.07 | 3 179.36 |
| Balance sheet total (assets) | 6 347.52 | 6 060.93 | 6 443.92 | 6 570.54 | 6 222.63 |
| Net debt | 852.03 | 776.99 | 238.39 | 2 551.98 | 2 819.05 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.6 % | 5.4 % | 9.5 % | -13.3 % | 9.2 % |
| ROE | 10.8 % | 3.8 % | 9.5 % | -27.4 % | -5.6 % |
| ROI | 8.9 % | 5.7 % | 9.8 % | -13.7 % | 0.4 % |
| Economic value added (EVA) | - 189.65 | - 198.79 | - 167.71 | - 169.00 | -96.30 |
| Solvency | |||||
| Equity ratio | 63.0 % | 68.5 % | 70.8 % | 52.7 % | 51.1 % |
| Gearing | 50.0 % | 43.1 % | 36.6 % | 85.6 % | 90.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.9 | 12.0 | 7.9 | 4.5 | 3.8 |
| Current ratio | 2.9 | 12.0 | 7.9 | 4.5 | 3.8 |
| Cash and cash equivalents | 1 147.95 | 1 012.54 | 1 434.75 | 415.26 | 66.23 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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