JOE Holding 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 15 040.77 | 2 954.26 | |||
Gross profit | -5.63 | -12.28 | -7.50 | 15 033.27 | 2 946.39 |
EBIT | -5.63 | - 162.28 | - 157.50 | 14 883.27 | 2 946.39 |
Net earnings | 2 136.73 | 1 608.78 | 3 183.62 | 14 863.47 | 2 948.14 |
Shareholders equity total | 7 944.79 | 9 553.56 | 12 737.18 | 27 600.65 | 30 248.79 |
Balance sheet total (assets) | 7 983.56 | 9 759.85 | 13 113.50 | 28 154.27 | 30 258.89 |
Net debt | |||||
Profitability | |||||
EBIT-% | 99.0 % | 99.7 % | |||
ROA | 30.9 % | 18.2 % | 27.9 % | 72.1 % | 10.1 % |
ROE | 31.1 % | 18.4 % | 28.6 % | 73.7 % | 10.2 % |
ROI | 31.1 % | 18.4 % | 28.7 % | 73.8 % | 10.2 % |
Economic value added (EVA) | 282.38 | 233.78 | 336.24 | 15 554.07 | 4 381.90 |
Solvency | |||||
Equity ratio | 99.5 % | 97.9 % | 97.1 % | 98.0 % | 100.0 % |
Gearing | |||||
Relative net indebtedness % | 3.7 % | 0.3 % | |||
Liquidity | |||||
Quick ratio | 13.7 | ||||
Current ratio | 13.7 | ||||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -3.7 % | 4.3 % | |||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.