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 -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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 865.04 | 346.57 | 508.16 | 64.77 | 24.65 |
Shareholders equity total | 1 354.09 | 1 590.06 | 1 985.22 | 1 935.59 | 1 842.44 |
Balance sheet total (assets) | 1 755.27 | 2 008.05 | 2 506.28 | 2 565.79 | 2 606.80 |
Net debt | - 494.42 | - 730.39 | -1 123.71 | -1 069.66 | - 979.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 64.3 % | 19.3 % | 23.5 % | 8.7 % | 2.8 % |
ROE | 88.7 % | 23.5 % | 28.4 % | 3.3 % | 1.3 % |
ROI | 64.7 % | 19.4 % | 23.6 % | 8.7 % | 2.8 % |
Economic value added (EVA) | -33.05 | 10.06 | 9.27 | 15.41 | 18.84 |
Solvency | |||||
Equity ratio | 77.1 % | 79.2 % | 79.2 % | 75.4 % | 70.7 % |
Gearing | 29.0 % | 25.7 % | 25.8 % | 32.1 % | 41.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.7 | 3.1 | 2.7 | 2.3 |
Current ratio | 2.2 | 2.7 | 3.1 | 2.7 | 2.3 |
Cash and cash equivalents | 886.85 | 1 139.63 | 1 636.03 | 1 690.48 | 1 734.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | A |
Variable visualization
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