JOE Holding 2 ApS — Credit Rating and Financial Key Figures

CVR number: 38459783
Magnoliavej 10, Dyrup 5250 Odense SV
lp@pne.dk

Company information

Official name
JOE Holding 2 ApS
Established
2016
Domicile
Dyrup
Company form
Private limited company
Industry

About JOE Holding 2 ApS

JOE Holding 2 ApS (CVR number: 38459783) is a company from ODENSE. The company reported a net sales of 3 mDKK in 2023, demonstrating a decline of -80.4 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 2.9 mDKK), while net earnings were 2948.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JOE Holding 2 ApS's liquidity measured by quick ratio was 13.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales15 040.772 954.26
Gross profit-5.63-12.28-7.5015 033.272 946.39
EBIT-5.63- 162.28- 157.5014 883.272 946.39
Net earnings2 136.731 608.783 183.6214 863.472 948.14
Shareholders equity total7 944.799 553.5612 737.1827 600.6530 248.79
Balance sheet total (assets)7 983.569 759.8513 113.5028 154.2730 258.89
Net debt
Profitability
EBIT-%99.0 %99.7 %
ROA30.9 %18.2 %27.9 %72.1 %10.1 %
ROE31.1 %18.4 %28.6 %73.7 %10.2 %
ROI31.1 %18.4 %28.7 %73.8 %10.2 %
Economic value added (EVA)282.38233.78336.2415 554.074 381.90
Solvency
Equity ratio99.5 %97.9 %97.1 %98.0 %100.0 %
Gearing
Relative net indebtedness %3.7 %0.3 %
Liquidity
Quick ratio13.7
Current ratio13.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-3.7 %4.3 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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