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JOES Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOES Holding ApS
JOES Holding ApS (CVR number: 41083808) is a company from HOLSTEBRO. The company recorded a gross profit of -14.5 kDKK in 2024. The operating profit was -14.5 kDKK, while net earnings were 83.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.7 %, 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. JOES Holding ApS's liquidity measured by quick ratio was 4.7 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 | -6.34 | -8.22 | -8.72 | -11.54 | -14.51 |
| EBIT | -6.34 | -8.22 | -8.72 | -11.54 | -14.51 |
| Net earnings | 714.41 | 535.05 | 259.69 | 238.90 | 83.74 |
| Shareholders equity total | 1 199.05 | 1 621.09 | 1 766.38 | 1 887.48 | 1 849.22 |
| Balance sheet total (assets) | 1 565.65 | 2 015.01 | 2 074.10 | 2 286.68 | 2 321.31 |
| Net debt | - 353.22 | - 995.39 | -1 472.54 | -1 788.80 | -1 663.96 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 63.6 % | 30.7 % | 18.4 % | 14.1 % | 11.5 % |
| ROE | 79.6 % | 37.9 % | 15.3 % | 13.1 % | 4.5 % |
| ROI | 73.6 % | 34.0 % | 19.3 % | 14.4 % | 11.6 % |
| Economic value added (EVA) | -35.29 | -74.57 | - 100.73 | - 110.76 | - 124.00 |
| Solvency | |||||
| Equity ratio | 76.6 % | 80.5 % | 85.2 % | 82.5 % | 79.7 % |
| Gearing | 13.2 % | 15.4 % | 14.6 % | 18.9 % | 25.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.2 | 3.5 | 5.8 | 5.5 | 4.7 |
| Current ratio | 2.2 | 3.5 | 5.8 | 5.5 | 4.7 |
| Cash and cash equivalents | 511.59 | 1 244.91 | 1 731.20 | 2 145.67 | 2 127.71 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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