JCE INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JCE INVEST ApS
JCE INVEST ApS (CVR number: 35526552) is a company from ODDER. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 21.7 % compared to the previous year. The operating profit percentage was at 42 % (EBIT: 0.1 mDKK), while net earnings were 604.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.3 %, which can be considered excellent and Return on Equity (ROE) was 27.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JCE INVEST ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 120.00 | 120.00 | 148.00 | 163.98 | 199.53 |
Gross profit | 66.90 | 64.06 | 19.88 | 23.25 | 83.86 |
EBIT | 30.92 | 28.07 | -16.11 | -12.73 | 83.86 |
Net earnings | -33.48 | -6.35 | -41.44 | -45.58 | 604.29 |
Shareholders equity total | 74.34 | 67.99 | 26.55 | -19.03 | 585.26 |
Balance sheet total (assets) | 2 230.70 | 2 205.13 | 2 166.27 | 3 832.89 | 2 657.55 |
Net debt | 2 087.62 | 2 008.38 | 1 960.33 | 1 881.26 | 1 865.42 |
Profitability | |||||
EBIT-% | 25.8 % | 23.4 % | -10.9 % | -7.8 % | 42.0 % |
ROA | 1.5 % | 1.3 % | -0.7 % | -0.4 % | 21.3 % |
ROE | -36.8 % | -8.9 % | -87.7 % | -2.4 % | 27.4 % |
ROI | 1.6 % | 1.3 % | -0.8 % | -0.7 % | 32.0 % |
Economic value added (EVA) | -34.72 | -76.60 | - 116.98 | - 109.09 | -6.22 |
Solvency | |||||
Equity ratio | 3.3 % | 3.1 % | 1.2 % | -0.5 % | 22.0 % |
Gearing | 2808.3 % | 2958.3 % | 7384.1 % | -9884.7 % | 318.7 % |
Relative net indebtedness % | 1797.0 % | 1778.6 % | 1445.8 % | 2348.9 % | 1038.6 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.4 | 0.9 | 1.3 |
Current ratio | 0.6 | 0.5 | 0.4 | 0.9 | 1.3 |
Cash and cash equivalents | 2.88 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -52.2 % | -82.9 % | -105.4 % | -149.4 % | 318.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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