JATE Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37914967
Th. Sauers Vej 34, 9000 Aalborg

Company information

Official name
JATE Holding ApS
Established
2016
Company form
Private limited company
Industry

About JATE Holding ApS

JATE Holding ApS (CVR number: 37914967) is a company from AALBORG. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 6.7 % compared to the previous year. The operating profit percentage was at 97.5 % (EBIT: 0.6 mDKK), while net earnings were 588.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25 %, which can be considered excellent and Return on Equity (ROE) was 26.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JATE Holding ApS's liquidity measured by quick ratio was 6.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales585.78-44.46231.02540.09576.20
Gross profit580.15-55.02224.63532.41561.94
EBIT580.15-55.02224.63532.41561.94
Net earnings577.02-61.78223.79533.04588.70
Shareholders equity total1 913.491 796.411 963.692 439.542 028.24
Balance sheet total (assets)2 009.701 950.051 970.742 529.362 259.22
Net debt-1 045.16-1 397.25-1 184.59-1 340.69- 295.83
Profitability
EBIT-%99.0 %97.2 %98.6 %97.5 %
ROA31.3 %-2.8 %11.8 %24.0 %25.0 %
ROE34.9 %-3.3 %11.9 %24.2 %26.4 %
ROI35.2 %-2.9 %12.3 %24.6 %26.8 %
Economic value added (EVA)582.31-34.18207.18507.78559.60
Solvency
Equity ratio95.2 %92.1 %99.6 %96.4 %89.8 %
Gearing0.0 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %-162.1 %2798.5 %-510.0 %-231.7 %-11.3 %
Liquidity
Quick ratio14.211.9229.220.36.4
Current ratio14.211.9229.220.36.4
Cash and cash equivalents1 045.701 397.791 185.131 341.23296.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %217.5 %-3758.1 %695.6 %320.8 %216.1 %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:25.0%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.8%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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