JULRAS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JULRAS ApS
JULRAS ApS (CVR number: 28110529) is a company from HOLBÆK. The company recorded a gross profit of -692.5 kDKK in 2023. The operating profit was -3453.3 kDKK, while net earnings were -22 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. JULRAS ApS's liquidity measured by quick ratio was 4.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1 870.00 | - 621.00 | -1 383.00 | - 883.00 | - 692.46 |
| EBIT | -4 275.00 | -2 940.00 | -3 901.00 | -3 410.00 | -3 453.27 |
| Net earnings | 13 163.00 | 46 006.00 | 49 137.00 | 3 562.00 | -22.05 |
| Shareholders equity total | 104 646.00 | 148 252.00 | 193 589.00 | 195 801.00 | 194 479.32 |
| Balance sheet total (assets) | 139 469.00 | 200 904.00 | 236 675.00 | 257 548.00 | 253 852.31 |
| Net debt | 32 161.00 | 50 852.00 | 38 502.00 | 51 979.00 | 54 212.14 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.2 % | 27.1 % | 22.6 % | 2.8 % | 1.0 % |
| ROE | 13.4 % | 36.4 % | 28.7 % | 1.8 % | -0.0 % |
| ROI | 10.3 % | 27.2 % | 22.8 % | 2.8 % | 1.0 % |
| Economic value added (EVA) | -4 011.23 | -1 904.74 | -2 902.94 | 1 328.27 | -1 077.53 |
| Solvency | |||||
| Equity ratio | 75.0 % | 73.8 % | 81.8 % | 76.0 % | 76.6 % |
| Gearing | 32.9 % | 34.8 % | 20.6 % | 27.5 % | 28.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.8 | 0.3 | 1.7 | 4.3 | 4.5 |
| Current ratio | 1.8 | 0.3 | 1.7 | 4.3 | 4.5 |
| Cash and cash equivalents | 2 287.00 | 811.00 | 1 336.00 | 1 777.00 | 880.01 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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