EJ Handel ApS — Credit Rating and Financial Key Figures

CVR number: 39156725
Kodallundvej 15, 8763 Rask Mølle

Credit rating

Company information

Official name
EJ Handel ApS
Established
2017
Company form
Private limited company
Industry

About EJ Handel ApS

EJ Handel ApS (CVR number: 39156725) is a company from HEDENSTED. The company recorded a gross profit of 183.8 kDKK in 2023. The operating profit was 172.8 kDKK, while net earnings were 113.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 27.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31 %, 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. EJ Handel ApS's liquidity measured by quick ratio was 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit101.86167.16129.62114.70183.78
EBIT96.40160.89118.68103.77172.85
Net earnings65.31110.0280.3855.64113.47
Shareholders equity total111.10221.12301.50357.14470.61
Balance sheet total (assets)1 036.851 136.681 463.821 451.521 519.90
Net debt- 123.99- 148.8416.2934.82-47.54
Profitability
EBIT-%
ROA12.0 %14.8 %9.1 %7.1 %11.6 %
ROE83.3 %66.2 %30.8 %16.9 %27.4 %
ROI29.2 %27.1 %15.0 %10.9 %17.8 %
Economic value added (EVA)74.68125.6993.6355.90114.00
Solvency
Equity ratio10.7 %19.5 %20.6 %24.6 %31.0 %
Gearing23.5 %11.8 %17.8 %21.4 %15.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.10.10.2
Current ratio0.30.30.10.10.2
Cash and cash equivalents150.16175.0137.5241.71121.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.0%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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