Josephine Europe ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Josephine Europe ApS
Josephine Europe ApS (CVR number: 38729993) is a company from TÅRNBY. The company recorded a gross profit of 113.1 kDKK in 2021. The operating profit was 24.3 kDKK, while net earnings were -57.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was -21.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Josephine Europe ApS's liquidity measured by quick ratio was 1.7 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 financials2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Volume | ||||
Net sales | 706.54 | |||
Gross profit | 346.65 | 338.05 | 107.50 | 113.05 |
EBIT | 67.80 | 145.73 | 75.66 | 24.25 |
Net earnings | 66.55 | 70.12 | 32.64 | -57.26 |
Shareholders equity total | 66.54 | 70.12 | 290.09 | 235.96 |
Balance sheet total (assets) | 462.44 | 525.62 | 595.80 | 544.58 |
Net debt | -45.89 | - 181.65 | - 280.88 | |
Profitability | ||||
EBIT-% | 9.6 % | |||
ROA | 14.7 % | 31.3 % | 13.5 % | 5.0 % |
ROE | 100.0 % | 102.6 % | 18.1 % | -21.8 % |
ROI | 101.9 % | 200.1 % | 32.0 % | 7.4 % |
Economic value added (EVA) | 67.80 | 145.73 | 52.50 | 16.87 |
Solvency | ||||
Equity ratio | 14.4 % | 13.3 % | 48.7 % | 43.3 % |
Gearing | 34.9 % | 42.9 % | ||
Relative net indebtedness % | 56.0 % | |||
Liquidity | ||||
Quick ratio | 0.2 | 1.4 | 1.7 | |
Current ratio | 0.2 | 1.4 | 1.7 | |
Cash and cash equivalents | 45.89 | 283.03 | 382.09 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -56.0 % | |||
Credit risk | ||||
Credit rating | BB | BB | BBB | BBB |
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