JDM DEVELOPMENT A/S
Credit rating
Company information
About JDM DEVELOPMENT A/S
JDM DEVELOPMENT A/S (CVR number: 30570189) is a company from ODENSE. The company recorded a gross profit of -18.1 kDKK in 2023. The operating profit was -18.1 kDKK, while net earnings were -8.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JDM DEVELOPMENT A/S's liquidity measured by quick ratio was 16.9 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -14.83 | -17.00 | -16.00 | -23.00 | -18.05 |
EBIT | -14.83 | -17.00 | -16.00 | -23.00 | -18.05 |
Net earnings | -5 590.81 | - 158.00 | - 163.00 | -21.00 | -8.66 |
Shareholders equity total | -4 003.70 | -4 162.00 | 50.00 | 279.00 | 270.19 |
Balance sheet total (assets) | 587.05 | 4.00 | 107.00 | 296.00 | 287.19 |
Net debt | 4 568.64 | 4 129.00 | 0.50 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -102.0 % | -0.1 % | -0.7 % | -10.4 % | -3.0 % |
ROE | -514.3 % | -53.5 % | -603.7 % | -12.8 % | -3.2 % |
ROI | -102.3 % | -0.1 % | -0.8 % | -12.8 % | -3.1 % |
Economic value added (EVA) | 315.58 | 184.45 | 193.14 | -25.51 | -32.07 |
Solvency | |||||
Equity ratio | -87.2 % | -99.9 % | 46.7 % | 94.3 % | 94.1 % |
Gearing | -114.2 % | -99.2 % | 0.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 1.9 | 17.4 | 16.9 |
Current ratio | 0.0 | 0.0 | 1.9 | 17.4 | 16.9 |
Cash and cash equivalents | 5.26 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | C | C | C |
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