JOKO COMPONENTS A/S

JOKO COMPONENTS A/S (CVR number: 34486476) is a company from KOLDING. The company recorded a gross profit of 4370.5 kDKK in 2018. The operating profit was 336.1 kDKK, while net earnings were 136.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JOKO COMPONENTS A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.