J. Finnemann Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. Finnemann Holding ApS
J. Finnemann Holding ApS (CVR number: 40839984) is a company from KOLDING. The company recorded a gross profit of -4.5 kDKK in 2024. The operating profit was -4.5 kDKK, while net earnings were 1.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.1 %, 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. J. Finnemann Holding ApS's liquidity measured by quick ratio was 1.6 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 | -0.66 | -3.83 | -5.64 | -3.98 | -4.48 |
EBIT | -0.66 | -3.83 | -5.64 | -3.98 | -4.48 |
Net earnings | -0.52 | 229.31 | -6.21 | 3.86 | 1.58 |
Shareholders equity total | 288.77 | 518.08 | 454.67 | 399.63 | 340.21 |
Balance sheet total (assets) | 303.17 | 538.87 | 473.70 | 418.72 | 869.88 |
Net debt | 11.28 | - 517.01 | - 452.16 | - 396.50 | - 338.44 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | 54.6 % | -0.8 % | 1.1 % | 2.0 % |
ROE | -0.2 % | 56.8 % | -1.3 % | 0.9 % | 0.4 % |
ROI | -0.2 % | 55.1 % | -0.8 % | 1.1 % | 2.0 % |
Economic value added (EVA) | -15.73 | -18.09 | -32.77 | -27.63 | -25.36 |
Solvency | |||||
Equity ratio | 95.3 % | 96.1 % | 96.0 % | 95.4 % | 39.1 % |
Gearing | 3.9 % | 3.1 % | 3.5 % | 4.0 % | 154.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 25.9 | 24.9 | 21.9 | 1.6 |
Current ratio | 0.2 | 25.9 | 24.9 | 21.9 | 1.6 |
Cash and cash equivalents | 532.92 | 468.07 | 412.41 | 864.99 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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