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RJM HORSENS A/S — Credit Rating and Financial Key Figures

CVR number: 10366208
Tornager 15, 7120 Vejle Øst
Free credit report Annual report

Credit rating

Company information

Official name
RJM HORSENS A/S
Established
1986
Company form
Limited company
Industry

About RJM HORSENS A/S

RJM HORSENS A/S (CVR number: 10366208) is a company from VEJLE. The company recorded a gross profit of -12.5 kDKK in 2024. The operating profit was -12.5 kDKK, while net earnings were -1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. RJM HORSENS A/S's liquidity measured by quick ratio was 3.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.41-19.18-24.84-11.25-12.50
EBIT-8.41-19.18-24.84-11.25-12.50
Net earnings250.22- 224.061.08111.64-1.04
Shareholders equity total1 254.60917.53804.22798.05675.01
Balance sheet total (assets)1 501.391 298.10943.881 059.24941.43
Net debt-1 244.56- 891.15- 795.00- 804.84- 686.35
Profitability
EBIT-%
ROA18.6 %4.4 %1.8 %12.0 %1.4 %
ROE21.1 %-20.6 %0.1 %13.9 %-0.1 %
ROI18.8 %4.4 %1.8 %12.2 %1.5 %
Economic value added (EVA)-71.67-94.17-89.61-58.09-65.16
Solvency
Equity ratio83.6 %70.7 %85.2 %75.3 %71.7 %
Gearing19.0 %40.5 %15.9 %31.3 %37.8 %
Relative net indebtedness %
Liquidity
Quick ratio6.13.46.84.13.5
Current ratio6.13.46.84.13.5
Cash and cash equivalents1 482.331 262.66922.921 054.65941.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:1.44%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.7%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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