JKS A/S — Credit Rating and Financial Key Figures

JKS A/S (CVR number: 19687236) is a company from RINGKØBING-SKJERN. The company reported a net sales of 1361.1 mDKK in 2023, demonstrating a decline of -2.5 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 20.8 mDKK), while net earnings were 12.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JKS A/S's liquidity measured by quick ratio was 1.3 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.