JRE ApS — Credit Rating and Financial Key Figures

CVR number: 31050804
Skødstrupbakken 1, 8541 Skødstrup

Credit rating

Company information

Official name
JRE ApS
Established
2007
Company form
Private limited company
Industry

About JRE ApS

JRE ApS (CVR number: 31050804) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 506.9 kDKK, while net earnings were 687.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28 %, which can be considered excellent and Return on Equity (ROE) was 150.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JRE ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales45.62
Gross profit45.6245.62
EBIT45.6245.62364.86504.91506.86
Net earnings566.8747.35366.06860.52687.31
Shareholders equity total386.78865.46369.34608.12305.38
Balance sheet total (assets)2 447.292 897.232 564.162 860.162 675.77
Net debt1 194.89753.04601.042 241.932 322.57
Profitability
EBIT-%100.0 %
ROA3.8 %19.4 %16.1 %34.1 %28.0 %
ROE146.9 %7.6 %59.3 %176.1 %150.5 %
ROI5.8 %32.4 %34.0 %48.5 %28.2 %
Economic value added (EVA)76.5166.49358.67529.54498.64
Solvency
Equity ratio15.8 %29.9 %14.4 %21.3 %11.4 %
Gearing308.9 %87.0 %162.7 %368.7 %765.2 %
Relative net indebtedness %4517.0 %
Liquidity
Quick ratio0.00.00.0
Current ratio0.00.00.0
Cash and cash equivalents14.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-3313.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:28.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.4%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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