JM HORSES ApS — Credit Rating and Financial Key Figures

CVR number: 29625018
Staprisvej 10, 9381 Sulsted

Credit rating

Company information

Official name
JM HORSES ApS
Personnel
4 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About JM HORSES ApS

JM HORSES ApS (CVR number: 29625018) is a company from AALBORG. The company recorded a gross profit of 1228.8 kDKK in 2024. The operating profit was 397.3 kDKK, while net earnings were 217.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JM HORSES ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 001.60998.081 189.56883.731 228.80
EBIT528.80405.20514.36159.96397.33
Net earnings399.43285.51367.3935.61217.64
Shareholders equity total1 927.072 212.572 579.972 615.582 833.21
Balance sheet total (assets)3 470.483 314.964 332.454 640.104 163.76
Net debt-48.0194.39580.851 450.22961.82
Profitability
EBIT-%
ROA18.0 %12.1 %14.4 %4.4 %9.6 %
ROE23.1 %13.8 %15.3 %1.4 %8.0 %
ROI25.9 %17.2 %19.4 %5.4 %10.7 %
Economic value added (EVA)360.84232.69288.64-32.93173.03
Solvency
Equity ratio55.5 %66.7 %59.5 %56.4 %68.0 %
Gearing17.6 %12.9 %22.6 %55.6 %34.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.40.30.4
Current ratio2.43.12.62.33.3
Cash and cash equivalents387.37191.632.992.972.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.58%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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