JELS AUTOVÆRKSTED ApS — Credit Rating and Financial Key Figures

JELS AUTOVÆRKSTED ApS (CVR number: 12867344) is a company from VEJEN. The company recorded a gross profit of 927.6 kDKK in 2023. The operating profit was 139.7 kDKK, while net earnings were 58 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JELS AUTOVÆRKSTED ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.