Jo-Jo Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Jo-Jo Holding ApS
Jo-Jo Holding ApS (CVR number: 37356638) is a company from SKIVE. The company recorded a gross profit of -10.1 kDKK in 2023. The operating profit was -10.1 kDKK, while net earnings were -64.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -6.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Jo-Jo Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 190.02 | ||||
Gross profit | 183.77 | -6.25 | -6.25 | -7.38 | -10.14 |
EBIT | 183.77 | -6.25 | -6.25 | -7.38 | -10.14 |
Net earnings | 183.98 | 99.00 | 164.80 | 178.77 | -64.76 |
Shareholders equity total | 551.90 | 650.90 | 815.69 | 994.46 | 929.70 |
Balance sheet total (assets) | 644.42 | 739.45 | 939.61 | 1 122.19 | 1 047.93 |
Net debt | 87.52 | 83.56 | 62.92 | 74.94 | 56.56 |
Profitability | |||||
EBIT-% | 96.7 % | ||||
ROA | 33.4 % | 14.1 % | 19.5 % | 17.4 % | -6.0 % |
ROE | 40.0 % | 16.5 % | 22.5 % | 19.8 % | -6.7 % |
ROI | 34.8 % | 14.2 % | 19.8 % | 17.7 % | -6.1 % |
Economic value added (EVA) | 202.06 | 21.88 | 27.30 | 37.14 | 44.50 |
Solvency | |||||
Equity ratio | 85.6 % | 88.0 % | 86.8 % | 88.6 % | 88.7 % |
Gearing | 15.9 % | 12.8 % | 12.5 % | 10.9 % | 10.4 % |
Relative net indebtedness % | 48.7 % | ||||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.7 | 0.6 | 0.5 |
Current ratio | 0.7 | 0.6 | 0.7 | 0.6 | 0.5 |
Cash and cash equivalents | 39.09 | 33.01 | 39.89 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -15.9 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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