OJ HOLDING, SKAGEN ApS — Credit Rating and Financial Key Figures

CVR number: 32360270
Vølund Nielsens Vej 16, 9990 Skagen

Company information

Official name
OJ HOLDING, SKAGEN ApS
Established
2009
Company form
Private limited company
Industry

About OJ HOLDING, SKAGEN ApS

OJ HOLDING, SKAGEN ApS (CVR number: 32360270) is a company from FREDERIKSHAVN. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -40.3 % compared to the previous year. The operating profit percentage was at 96.6 % (EBIT: 1 mDKK), while net earnings were 2157.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OJ HOLDING, SKAGEN ApS's liquidity measured by quick ratio was 62.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 626.491 492.801 525.151 686.761 007.12
Gross profit1 597.781 454.121 482.821 652.72973.00
EBIT1 597.781 454.121 482.821 652.72973.00
Net earnings2 158.462 356.842 403.14715.652 157.29
Shareholders equity total16 401.4618 458.3020 561.4420 977.0922 834.38
Balance sheet total (assets)16 987.0119 076.7521 015.2921 211.3823 081.52
Net debt-7 728.05-9 710.43-11 431.34-11 210.22-11 164.42
Profitability
EBIT-%98.2 %97.4 %97.2 %98.0 %96.6 %
ROA14.5 %14.6 %13.5 %8.5 %11.2 %
ROE13.9 %13.5 %12.3 %3.4 %9.8 %
ROI14.7 %14.9 %13.8 %8.6 %11.3 %
Economic value added (EVA)1 839.691 689.721 715.811 486.901 119.27
Solvency
Equity ratio96.6 %96.8 %97.8 %98.9 %98.9 %
Gearing1.4 %0.9 %0.0 %
Relative net indebtedness %-453.3 %-620.6 %-720.4 %-650.7 %-1084.0 %
Liquidity
Quick ratio14.016.627.654.662.5
Current ratio14.016.627.654.662.5
Cash and cash equivalents7 958.169 883.3211 441.3711 210.2211 164.42
Capital use efficiency
Trade debtors turnover (days)9.27.37.26.525.4
Net working capital %266.4 %307.9 %225.6 %291.8 %636.1 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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