JØCO ApS

APSDissolved

CVR 78559519Strandvejen 9B, 7800 SkiveRaising of swine and pigs· NACE 0146Est. 1985 · 41 years old1 employees

Overview

JØCO ApS is a Danish APS based in Skive, operating in the Raising of swine and pigs sector. Incorporated in 1985, the company has 1 employee and reported a gross profit of DKK 130.8k in its latest annual filing.

Gross profit 2013

0.1M DKK

−3% vs 2012

EBITDA margin (of gross profit)

57.7 %

+98% vs 2012

Net profit 2013

0.1M DKK

+103% vs 2012

Key ratios

See full ratios →

95.4 %

Very strong

Among the 10% highest rated companies in the industry

20122013

21.6×

Very strong

Among the 10% highest rated companies in the industry

20122013

5.1 %

Strong

Among the 40% highest rated companies in the industry

20122013

EBITDA — year on year

DKK thousands

Key figures

Annual report 2013

Gross profit	0.1M DKK	-3%
EBITDA	0.1M DKK	+98%
Net profit	0.1M DKK	+103%
Total assets	1.5M DKK	+5%
Equity	1.4M DKK	+6%
Employees	1	—

Financial development

In its most recent annual report (2013), JØCO ApS reported a gross profit of DKK 130.8k, a decrease of 3% on the year before. The figures on this page draw on 2 annual filings covering 2012 to 2013. The bottom line showed a net profit of DKK 75.4k, and the EBITDA margin stood at 57.7%.

At the end of 2013, equity financed 95.4% of the balance sheet, and current assets covered short-term debt 21.6 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2013	2012
Gross profit	131	135
Staff expenses	-0	-0
EBITDA	75	38
Depreciation & amort.	-0	-0
EBIT	75	38
Net financials	25	59
Profit before tax	101	50
Tax	25	12
Net profit	75	37

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2013	2012
Total assets	1,473	1,408
Equity	1,405	1,330
Long-term debt	0	0
Short-term debt	68	79
Total debt	68	79

Financial ratios

5-year trend

EBITDA margin (of gross profit)

57.7 %

20122013

Equity ratio

95.4 %

Very strong

Among the 10% highest rated companies in the industry

20122013

Return on equity

5.4 %

Average

Around the average of companies in the same industry

20122013

Net profit margin (of gross profit)

57.6 %

20122013

Asset turnover (of gross profit)

0.09×

20122013

Debt / equity

0.05×

Very strong

Among the 10% highest rated companies in the industry

20122013

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Average

Around the average of companies in the same industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 40% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 30% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery strong

Among the 10% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 10% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 30% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 10% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 10% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 10% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 10% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 40% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 40% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalWeak

Among the 30% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2013
Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


JO Jørn Ole Jørgensen Management	Management	1985 – 1990
EB Ellinor Brask-Nielsen Management	Management	1985 – 2014

Board of directors

Non-executive oversight

Name	Role	Member since

Former (11)


KK Klaus Kjøller Brask-Nielsen Board of Directors	Board of Directors	2008 – 2012
JO Jørn Ole Jørgensen Board of Directors	Board of Directors	1985 – 1990
CS Christian Søgaard Larsen Board of Directors	Board of Directors	1985 – 2012
BV Bente Vibeke Kruse Board of Directors	Board of Directors	1985 – 1990
HM Hanne Magnussen Board of Directors	Board of Directors	1985 – 1990
AB Anders Brask-Nielsen Board of Directors	Board of Directors	2008 – 2012
EB Ellinor Brask-Nielsen Board of Directors	Board of Directors	1985 – 2012
MB Michael Brask-Nielsen Board of Directors	Board of Directors	1997 – 2012
JO Jens Ole Nielsen Board of Directors	Board of Directors	1985 – 2007
EN Erik Nielsen Board of Directors	Board of Directors	1985 – 1997
BK Bodil Kjøller Brask Board of Directors	Board of Directors	2008 – 2012

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of JØCO ApS also hold positions in 66 other companies.

Person	Role here	Other companies
Michael Brask-Nielsen	Board of Directors	43 companiesMany roles
Ellinor Brask-Nielsen	Management	8 companiesMany roles
Anders Brask-Nielsen	Board of Directors	4 companies
Klaus Kjøller Brask-Nielsen	Board of Directors	3 companies
Christian Søgaard Larsen	Board of Directors	3 companies
Bodil Kjøller Brask	Board of Directors	3 companies
Hanne Magnussen	Board of Directors	2 companies

Frequently asked questions

What is the CVR number of JØCO ApS?

JØCO ApS is registered with CVR / Virk under CVR 78559519.

What is the gross profit of JØCO ApS?

JØCO ApS reported a gross profit of DKK 130.8k in 2013.

How many employees does JØCO ApS have?

JØCO ApS employs 1 people as of the latest annual report.

Where is JØCO ApS headquartered?

JØCO ApS's registered address is Strandvejen 9B.