JO ERIKSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32655475
Skipperkrogen 18, Stige 5270 Odense N

Company information

Official name
JO ERIKSEN HOLDING ApS
Established
2009
Domicile
Stige
Company form
Private limited company
Industry

About JO ERIKSEN HOLDING ApS

JO ERIKSEN HOLDING ApS (CVR number: 32655475) is a company from ODENSE. The company recorded a gross profit of -12.5 kDKK in 2023. The operating profit was -12.5 kDKK, while net earnings were 24.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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. JO ERIKSEN HOLDING ApS's liquidity measured by quick ratio was 2.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.75-10.10-11.74-10.68-12.48
EBIT-8.75-10.10-11.74-10.68-12.48
Net earnings865.04346.57508.1664.7724.65
Shareholders equity total1 354.091 590.061 985.221 935.591 842.44
Balance sheet total (assets)1 755.272 008.052 506.282 565.792 606.80
Net debt- 494.42- 730.39-1 123.71-1 069.66- 979.65
Profitability
EBIT-%
ROA64.3 %19.3 %23.5 %8.7 %2.8 %
ROE88.7 %23.5 %28.4 %3.3 %1.3 %
ROI64.7 %19.4 %23.6 %8.7 %2.8 %
Economic value added (EVA)-33.0510.069.2715.4118.84
Solvency
Equity ratio77.1 %79.2 %79.2 %75.4 %70.7 %
Gearing29.0 %25.7 %25.8 %32.1 %41.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.73.12.72.3
Current ratio2.22.73.12.72.3
Cash and cash equivalents886.851 139.631 636.031 690.481 734.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:2.82%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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