JO ERIKSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JO ERIKSEN HOLDING ApS
JO ERIKSEN HOLDING ApS (CVR number: 32655475) is a company from ODENSE. The company recorded a gross profit of -15.2 kDKK in 2024. The operating profit was -15.2 kDKK, while net earnings were 36.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -10.10 | -11.74 | -10.68 | -12.48 | -15.23 |
| EBIT | -10.10 | -11.74 | -10.68 | -12.48 | -15.23 |
| Net earnings | 346.57 | 508.16 | 64.77 | 24.65 | 36.11 |
| Shareholders equity total | 1 590.06 | 1 985.22 | 1 935.59 | 1 842.44 | 1 756.55 |
| Balance sheet total (assets) | 2 008.05 | 2 506.28 | 2 565.79 | 2 606.80 | 2 651.71 |
| Net debt | - 730.39 | -1 123.71 | -1 069.66 | - 979.65 | - 892.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.3 % | 23.5 % | 8.7 % | 2.8 % | 2.9 % |
| ROE | 23.5 % | 28.4 % | 3.3 % | 1.3 % | 2.0 % |
| ROI | 19.4 % | 23.6 % | 8.7 % | 2.8 % | 2.9 % |
| Economic value added (EVA) | -97.86 | - 112.20 | - 136.18 | - 140.94 | - 145.75 |
| Solvency | |||||
| Equity ratio | 79.2 % | 79.2 % | 75.4 % | 70.7 % | 66.2 % |
| Gearing | 25.7 % | 25.8 % | 32.1 % | 41.0 % | 50.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.7 | 3.1 | 2.7 | 2.3 | 2.0 |
| Current ratio | 2.7 | 3.1 | 2.7 | 2.3 | 2.0 |
| Cash and cash equivalents | 1 139.63 | 1 636.03 | 1 690.48 | 1 734.63 | 1 776.54 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | BBB |
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