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

CVR number: 10366208
Tornager 15, 7120 Vejle Øst
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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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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- 107.01250.22- 224.061.08111.64
Shareholders equity total1 114.981 254.60917.53804.22798.05
Balance sheet total (assets)1 268.801 501.391 298.10943.881 059.24
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 ratio87.9 %83.6 %70.7 %85.2 %75.3 %
Gearing12.9 %19.0 %40.5 %15.9 %31.3 %
Relative net indebtedness %
Liquidity
Quick ratio8.26.13.46.84.1
Current ratio8.26.13.46.84.1
Cash and cash equivalents1 259.831 482.331 262.66922.921 054.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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