JC HOLDING RIBE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JC HOLDING RIBE ApS
JC HOLDING RIBE ApS (CVR number: 33268726) is a company from ESBJERG. The company reported a net sales of 3.6 mDKK in 2023, demonstrating a decline of -39.2 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 3.6 mDKK), while net earnings were 3450.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77 %, 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. JC HOLDING RIBE ApS's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 924.55 | 3 600.13 | |||
Gross profit | -7.47 | -6.75 | -7.62 | 5 891.53 | 3 590.20 |
EBIT | -7.47 | -6.75 | -7.62 | 5 891.53 | 3 590.20 |
Net earnings | 662.29 | 1 916.15 | 2 129.71 | 5 800.04 | 3 450.91 |
Shareholders equity total | 2 647.63 | 4 453.18 | 6 469.89 | 12 155.53 | 15 488.64 |
Balance sheet total (assets) | 2 770.64 | 4 660.16 | 6 479.24 | 14 245.29 | 20 122.52 |
Net debt | 37.71 | 199.23 | - 428.20 | - 220.88 | 3 654.73 |
Profitability | |||||
EBIT-% | 99.4 % | 99.7 % | |||
ROA | 27.2 % | 51.7 % | 38.3 % | 56.9 % | 21.5 % |
ROE | 27.9 % | 54.0 % | 39.0 % | 62.3 % | 25.0 % |
ROI | 27.3 % | 51.8 % | 38.4 % | 63.0 % | 22.9 % |
Economic value added (EVA) | 61.53 | 89.41 | 176.91 | 6 225.80 | 3 989.95 |
Solvency | |||||
Equity ratio | 95.6 % | 95.6 % | 99.9 % | 85.3 % | 77.0 % |
Gearing | 4.3 % | 4.5 % | 0.7 % | 25.6 % | |
Relative net indebtedness % | 30.1 % | 105.8 % | |||
Liquidity | |||||
Quick ratio | 4.0 | 2.8 | 45.8 | 0.2 | 1.1 |
Current ratio | 4.0 | 2.8 | 45.8 | 0.2 | 1.1 |
Cash and cash equivalents | 77.34 | 0.61 | 428.20 | 304.39 | 315.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -32.3 % | 7.2 % | |||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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