JOCA TRADING A/S — Credit Rating and Financial Key Figures

CVR number: 18660830
Industrivej 8, 7830 Vinderup
tel: 97443668
www.joca.dk

Credit rating

Company information

Official name
JOCA TRADING A/S
Personnel
59 persons
Established
1995
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About JOCA TRADING A/S

JOCA TRADING A/S (CVR number: 18660830) is a company from HOLSTEBRO. The company recorded a gross profit of 68.6 mDKK in 2023. The operating profit was 30.3 mDKK, while net earnings were 23.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 36.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.7 %, 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. JOCA TRADING A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit81 729.1168 578.43
EBIT4 892.0015 737.0013 994.0038 994.0730 344.83
Net earnings3 069.0011 665.0010 080.0029 341.5523 233.29
Shareholders equity total29 189.0039 354.0045 434.0072 776.0456 009.33
Balance sheet total (assets)102 106.00123 404.00120 131.00153 141.83105 259.42
Net debt6 574.055 381.72
Profitability
EBIT-%
ROA5.6 %14.0 %11.5 %28.6 %24.1 %
ROE10.0 %34.0 %23.8 %49.6 %36.1 %
ROI6.5 %14.0 %11.5 %35.5 %36.9 %
Economic value added (EVA)2 949.8314 270.2512 016.4628 059.4419 833.90
Solvency
Equity ratio100.0 %100.0 %100.0 %49.1 %53.7 %
Gearing29.5 %9.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.1
Current ratio2.12.2
Cash and cash equivalents14 895.6844.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:24.1%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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