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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  2.0% 2.4% 5.0% 1.9% 3.4%  
Credit score (0-100)  69 62 43 69 54  
Credit rating  A BBB BBB A BBB  
Credit limit (kDKK)  2.1 0.1 0.0 3.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Net sales  0 0 0 0 0  
Gross profit  370 -309 -471 612 -288  
EBITDA  -205 -937 -1,047 -99.3 -1,079  
EBIT  -271 -966 -1,076 -115 -1,093  
Pre-tax profit (PTP)  -52.7 -797.0 -2,797.8 -433.9 -493.4  
Net earnings  -52.9 -796.8 -2,809.3 -433.9 -493.4  
Pre-tax profit without non-rec. items  -52.7 -797 -2,798 -434 -493  

 
See the entire income statement

Balance sheet (kDKK) 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Tangible assets total  6,085 6,056 6,027 3,238 3,225  
Shareholders equity total  14,924 13,128 9,214 8,531 8,038  
Interest-bearing liabilities  2,823 2,739 2,654 1,677 1,597  
Balance sheet total (assets)  18,863 16,162 12,199 10,585 9,988  

Net Debt  -3,138 -4,345 -391 -5,370 -4,890  
 
See the entire balance sheet

Volume 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  370 -309 -471 612 -288  
Gross profit growth  13.6% 0.0% -52.1% 0.0% 0.0%  
Employees  1 1 1 1 1  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  18,863 16,162 12,199 10,585 9,988  
Balance sheet change%  -21.9% -14.3% -24.5% -13.2% -5.6%  
Added value  -205.4 -936.9 -1,046.8 -85.8 -1,079.2  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -11,316 -58 -58 -2,804 -27  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  -4.0 -5.0 -5.0 -5.0 -5.0  

Profitability 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  -73.2% 312.2% 228.6% -18.8% 379.5%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  1.7% -4.4% -5.8% 1.5% 3.4%  
ROI %  1.8% -4.6% -5.9% 1.6% 3.6%  
ROE %  -0.4% -5.7% -25.1% -4.9% -6.0%  

Solidity 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Equity ratio %  79.1% 81.2% 75.5% 80.6% 80.5%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  1,528.0% 463.7% 37.4% 5,408.2% 453.1%  
Gearing %  18.9% 20.9% 28.8% 19.7% 19.9%  
Net interest  0 0 0 0 0  
Financing costs %  7.9% 0.9% 73.4% 28.0% 51.8%  

Liquidity 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Quick Ratio  10.7 26.5 14.6 16.1 15.9  
Current Ratio  10.7 26.5 14.6 16.1 15.9  
Cash and cash equivalent  5,961.2 7,083.8 3,045.2 7,047.0 6,487.3  

Capital use efficiency 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  6,059.6 2,961.9 2,924.9 1,787.3 717.4  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Net sales / employee  0 0 0 0 0  
Added value / employee  -205 -937 -1,047 -86 -1,079  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  -205 -937 -1,047 -99 -1,079  
EBIT / employee  -271 -966 -1,076 -115 -1,093  
Net earnings / employee  -53 -797 -2,809 -434 -493