JK Holding Tange ApS — Credit Rating and Financial Key Figures

CVR number: 37366382
Tange Søvej 59, 8850 Bjerringbro

Company information

Official name
JK Holding Tange ApS
Established
2015
Company form
Private limited company
Industry

About JK Holding Tange ApS

JK Holding Tange ApS (CVR number: 37366382) is a company from VIBORG. The company recorded a gross profit of -105.6 kDKK in 2023. The operating profit was -831.9 kDKK, while net earnings were -579.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JK Holding Tange ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-8.30-5.49-15.32229.01- 105.55
EBIT-8.30-5.49-15.32229.01- 831.89
Net earnings3 735.569 642.21274.18508.63- 579.08
Shareholders equity total16 166.9625 698.5725 859.7526 078.3825 381.51
Balance sheet total (assets)18 116.6730 686.8630 082.3631 066.2633 191.10
Net debt626.45-3 475.512 120.20- 561.733 949.84
Profitability
EBIT-%
ROA23.8 %39.6 %1.2 %2.3 %-0.5 %
ROE26.0 %46.1 %1.1 %2.0 %-2.3 %
ROI24.0 %42.8 %1.3 %2.5 %-0.6 %
Economic value added (EVA)207.27463.28- 684.58- 638.05-2 157.91
Solvency
Equity ratio89.2 %83.7 %86.0 %83.9 %76.5 %
Gearing11.2 %5.4 %13.5 %15.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.91.30.30.2
Current ratio1.41.91.30.30.2
Cash and cash equivalents1 188.234 873.711 367.63561.731.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:-0.50%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.5%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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