JM RASK INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 31264731
Engholmvej 4, 8700 Horsens

Credit rating

Company information

Official name
JM RASK INVEST ApS
Established
2008
Company form
Private limited company
Industry

About JM RASK INVEST ApS

JM RASK INVEST ApS (CVR number: 31264731) is a company from HEDENSTED. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 37.9 % compared to the previous year. The operating profit percentage was poor at -57.6 % (EBIT: -0.1 mDKK), while net earnings were -191.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -51 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. JM RASK INVEST 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales255.29247.51274.28179.80247.90
Gross profit-62.37-67.05-2.68- 192.06-34.11
EBIT- 162.98- 167.66- 103.29- 300.76- 142.80
Net earnings- 177.80- 180.90- 116.74- 321.08- 191.21
Shareholders equity total-4 184.72-4 365.62-4 482.37-4 803.45-4 994.66
Balance sheet total (assets)5 262.805 019.784 887.954 900.794 792.91
Net debt9 230.199 154.229 162.349 494.729 577.23
Profitability
EBIT-%-63.8 %-67.7 %-37.7 %-167.3 %-57.6 %
ROA-1.8 %-1.8 %-1.1 %-3.2 %-1.5 %
ROE-3.4 %-3.5 %-2.4 %-6.6 %-3.9 %
ROI-1.8 %-1.8 %-1.1 %-3.2 %-1.5 %
Economic value added (EVA)-24.14-20.3458.91- 129.3847.59
Solvency
Equity ratio-44.3 %-46.5 %-47.8 %-49.5 %-51.0 %
Gearing-220.6 %-210.1 %-204.5 %-197.7 %-191.8 %
Relative net indebtedness %3699.5 %3785.2 %3415.6 %5395.2 %3946.4 %
Liquidity
Quick ratio0.10.10.10.10.0
Current ratio0.10.10.10.10.0
Cash and cash equivalents3.0416.892.093.634.44
Capital use efficiency
Trade debtors turnover (days)23.123.8
Net working capital %-2970.7 %-3137.6 %-2866.6 %-4588.8 %-3383.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.47%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-51.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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