JoaNic ApS — Credit Rating and Financial Key Figures

JoaNic ApS (CVR number: 42770884) is a company from AARHUS. The company recorded a gross profit of -32.9 kDKK in 2023. The operating profit was -32.9 kDKK, while net earnings were -6367.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.4 %, which can be considered excellent but Return on Equity (ROE) was -63.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -42.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. JoaNic ApS's liquidity measured by quick ratio was 45.1 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.