RJM HORSENS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RJM HORSENS A/S
RJM HORSENS A/S (CVR number: 10366208) is a company from VEJLE. The company recorded a gross profit of -11.3 kDKK in 2023. The operating profit was -11.3 kDKK, while net earnings were 111.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.3 %, 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 4.1 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 | -11.99 | -8.41 | -19.18 | -24.84 | -11.25 |
EBIT | -11.99 | -8.41 | -19.18 | -24.84 | -11.25 |
Net earnings | - 107.01 | 250.22 | - 224.06 | 1.08 | 111.64 |
Shareholders equity total | 1 114.98 | 1 254.60 | 917.53 | 804.22 | 798.05 |
Balance sheet total (assets) | 1 268.80 | 1 501.39 | 1 298.10 | 943.88 | 1 059.24 |
Net debt | -1 116.01 | -1 244.56 | - 891.15 | - 795.00 | - 804.84 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.8 % | 18.6 % | 4.4 % | 1.8 % | 12.0 % |
ROE | -8.8 % | 21.1 % | -20.6 % | 0.1 % | 13.9 % |
ROI | -0.9 % | 18.8 % | 4.4 % | 1.8 % | 12.2 % |
Economic value added (EVA) | -11.99 | -1.13 | -7.73 | -7.49 | -5.29 |
Solvency | |||||
Equity ratio | 87.9 % | 83.6 % | 70.7 % | 85.2 % | 75.3 % |
Gearing | 12.9 % | 19.0 % | 40.5 % | 15.9 % | 31.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.2 | 6.1 | 3.4 | 6.8 | 4.1 |
Current ratio | 8.2 | 6.1 | 3.4 | 6.8 | 4.1 |
Cash and cash equivalents | 1 259.83 | 1 482.33 | 1 262.66 | 922.92 | 1 054.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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