JOANN LUNDIS HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOANN LUNDIS HOLDING ApS
JOANN LUNDIS HOLDING ApS (CVR number: 34585733) is a company from AALBORG. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 1.4 % compared to the previous year. The operating profit percentage was at 24 % (EBIT: 0.1 mDKK), while net earnings were 151.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. JOANN LUNDIS 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 418.90 | 519.00 | 442.60 | 454.18 | 460.34 |
Gross profit | 306.62 | 574.53 | 594.26 | 241.89 | 142.91 |
EBIT | 274.26 | 542.16 | 561.90 | 209.53 | 110.55 |
Net earnings | 156.23 | 399.53 | 413.66 | 263.21 | 151.79 |
Shareholders equity total | 1 690.71 | 2 026.51 | 1 988.18 | 2 213.39 | 2 250.78 |
Balance sheet total (assets) | 3 730.50 | 3 750.04 | 4 006.93 | 4 530.55 | 4 706.76 |
Net debt | 1 753.37 | 1 405.36 | 1 551.80 | 1 679.59 | 1 642.86 |
Profitability | |||||
EBIT-% | 65.5 % | 104.5 % | 127.0 % | 46.1 % | 24.0 % |
ROA | 7.2 % | 18.6 % | 25.2 % | 7.7 % | 3.4 % |
ROE | 9.4 % | 21.5 % | 20.6 % | 12.5 % | 6.8 % |
ROI | 7.4 % | 18.9 % | 25.3 % | 7.7 % | 3.4 % |
Economic value added (EVA) | 29.33 | 200.97 | 211.59 | -50.94 | - 104.49 |
Solvency | |||||
Equity ratio | 45.3 % | 54.0 % | 49.6 % | 48.9 % | 47.8 % |
Gearing | 115.5 % | 84.0 % | 100.3 % | 103.5 % | 107.6 % |
Relative net indebtedness % | 439.2 % | 274.9 % | 356.4 % | 375.4 % | 364.4 % |
Liquidity | |||||
Quick ratio | 3.1 | 8.9 | 0.7 | 0.5 | 0.5 |
Current ratio | 3.1 | 8.9 | 0.8 | 0.5 | 0.6 |
Cash and cash equivalents | 200.19 | 296.64 | 441.41 | 612.17 | 778.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 82.0 % | 81.8 % | -45.1 % | -235.0 % | -246.8 % |
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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