Joab ApS — Credit Rating and Financial Key Figures

Joab ApS (CVR number: 44445506) is a company from MIDDELFART. The company recorded a gross profit of 909.3 kDKK in 2024. The operating profit was 296.4 kDKK, while net earnings were 229.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 83.7 %, which can be considered excellent and Return on Equity (ROE) was 85.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. Joab ApS's liquidity measured by quick ratio was 4.2 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.