Journeo A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Journeo A/S
Journeo A/S (CVR number: 25493877) is a company from AARHUS. The company reported a net sales of 34.8 mDKK in 2024, demonstrating a growth of 14.2 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 2.4 mDKK), while net earnings were 2277.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47 %, 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. Journeo A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 28.16 | 36.59 | 38.21 | 30.50 | 34.82 |
Gross profit | 8.65 | 9.46 | 9.04 | 9.23 | 11.84 |
EBIT | -0.83 | 0.21 | -0.94 | 0.97 | 2.42 |
Net earnings | 0.01 | -0.50 | -0.03 | 2.31 | 2.28 |
Shareholders equity total | 8.62 | 8.12 | 8.08 | 10.39 | 12.67 |
Balance sheet total (assets) | 22.12 | 25.83 | 20.45 | 26.08 | 26.94 |
Net debt | 4.75 | 8.18 | 6.06 | 8.72 | 2.01 |
Profitability | |||||
EBIT-% | -3.0 % | 0.6 % | -2.5 % | 3.2 % | 7.0 % |
ROA | 4.1 % | 0.9 % | -0.3 % | 8.7 % | 9.4 % |
ROE | 0.2 % | -6.0 % | -0.4 % | 25.0 % | 19.8 % |
ROI | 5.4 % | 1.2 % | -0.4 % | 11.6 % | 11.6 % |
Economic value added (EVA) | -1.75 | -0.56 | -1.63 | 0.36 | 1.38 |
Solvency | |||||
Equity ratio | 39.0 % | 30.7 % | 39.5 % | 39.8 % | 47.0 % |
Gearing | 64.2 % | 130.3 % | 86.1 % | 89.9 % | 82.0 % |
Relative net indebtedness % | 45.2 % | 41.9 % | 30.0 % | 49.4 % | 17.0 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 0.7 | 0.8 | 1.1 |
Current ratio | 1.3 | 1.2 | 1.3 | 1.4 | 1.6 |
Cash and cash equivalents | 0.78 | 2.40 | 0.90 | 0.61 | 8.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 82.8 | 80.5 | 47.2 | 88.9 | 49.3 |
Net working capital % | 14.0 % | 9.5 % | 9.0 % | 19.7 % | 23.7 % |
Credit risk | |||||
Credit rating | A | A | A | AA | AAA |
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