JOEST HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29199892
Skrænten 29, 9800 Hjørring

Company information

Official name
JOEST HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About JOEST HOLDING ApS

JOEST HOLDING ApS (CVR number: 29199892) is a company from HJØRRING. The company recorded a gross profit of -31.8 kDKK in 2022. The operating profit was -31.8 kDKK, while net earnings were 33.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 144.1 %, which can be considered excellent and Return on Equity (ROE) was 153 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JOEST HOLDING ApS's liquidity measured by quick ratio was 1489.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-7.47-6.91-6.89-6.88-31.82
EBIT-7.47-6.91-6.89-6.88-31.82
Net earnings0.7340.91-19.0596.3133 648.49
Shareholders equity total20 045.7320 086.6420 067.5920 163.9023 812.39
Balance sheet total (assets)22 782.1722 871.2122 901.0123 046.9023 828.39
Net debt- 187.48- 289.91- 314.17- 487.61-20 824.47
Profitability
EBIT-%
ROA0.2 %0.4 %0.1 %0.7 %144.1 %
ROE0.0 %0.2 %-0.1 %0.5 %153.0 %
ROI0.2 %0.5 %0.1 %0.8 %153.6 %
Economic value added (EVA)-1 004.40-1 000.25- 997.15- 994.96-1 008.31
Solvency
Equity ratio88.0 %87.8 %87.6 %87.5 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.21 489.3
Current ratio0.10.10.10.21 489.3
Cash and cash equivalents187.48289.91314.17487.6120 824.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABB

Variable visualization

ROA:144.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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