CJ Holding Middelfart ApS — Credit Rating and Financial Key Figures

CVR number: 40104712
Korsholm Alle 12 B, 5500 Middelfart
christian@cj-truckservice.dk

Company information

Official name
CJ Holding Middelfart ApS
Established
2018
Company form
Private limited company
Industry

About CJ Holding Middelfart ApS

CJ Holding Middelfart ApS (CVR number: 40104712) is a company from MIDDELFART. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 46.2 % compared to the previous year. The operating profit percentage was at 95.4 % (EBIT: 0.3 mDKK), while net earnings were 253.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CJ Holding Middelfart ApS's liquidity measured by quick ratio was 0.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales369.00389.00240.00180.00263.13
Gross profit362.00379.00228.00169.00250.94
EBIT362.00379.00228.00169.00250.94
Net earnings364.00379.00228.00171.00253.62
Shareholders equity total864.001 243.001 472.001 643.001 896.44
Balance sheet total (assets)981.001 364.001 597.001 811.002 053.44
Net debt10.0097.00106.00113.69
Profitability
EBIT-%98.1 %97.4 %95.0 %93.9 %95.4 %
ROA36.9 %32.3 %15.4 %9.9 %13.0 %
ROE42.1 %36.0 %16.8 %11.0 %14.3 %
ROI41.9 %35.8 %16.1 %10.1 %13.3 %
Economic value added (EVA)364.00398.46266.50220.95312.15
Solvency
Equity ratio88.1 %91.1 %92.2 %90.7 %92.4 %
Gearing0.8 %7.9 %6.5 %6.8 %
Relative net indebtedness %31.7 %31.1 %44.2 %92.8 %54.2 %
Liquidity
Quick ratio0.50.50.40.50.4
Current ratio0.50.50.40.50.4
Cash and cash equivalents19.001.0014.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-14.6 %-16.5 %-30.8 %-46.1 %-35.2 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.4%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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