JMM EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures

JMM EJENDOMSSELSKAB ApS (CVR number: 31581494) is a company from MORSØ. The company recorded a gross profit of 469.3 kDKK in 2023. The operating profit was 243.1 kDKK, while net earnings were 104.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 15.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JMM EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 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.