JPS Marselis ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JPS Marselis ApS
JPS Marselis ApS (CVR number: 38110136K) is a company from AARHUS. The company reported a net sales of 484.1 mDKK in 2023, demonstrating a decline of -2.5 % compared to the previous year. The operating profit percentage was at 13.3 % (EBIT: 64.5 mDKK), while net earnings were 25.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.9 %, 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. JPS Marselis ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 438.70 | 494.30 | 521.00 | 496.70 | 484.10 |
Gross profit | 175.86 | 202.24 | 280.39 | 219.66 | 230.72 |
EBIT | 58.72 | 82.44 | 139.09 | 68.08 | 64.46 |
Net earnings | 28.59 | 46.42 | 99.80 | 37.00 | 25.89 |
Shareholders equity total | 359.72 | 394.12 | 465.40 | 480.59 | 492.80 |
Balance sheet total (assets) | 1 558.96 | 1 560.40 | 1 712.60 | 1 682.63 | 1 652.93 |
Net debt | 937.41 | 874.88 | 969.25 | 933.89 | 894.01 |
Profitability | |||||
EBIT-% | 13.4 % | 16.7 % | 26.7 % | 13.7 % | 13.3 % |
ROA | 3.9 % | 5.3 % | 8.7 % | 4.1 % | 4.1 % |
ROE | 10.9 % | 16.5 % | 30.7 % | 10.3 % | 7.0 % |
ROI | 4.1 % | 5.7 % | 9.3 % | 4.4 % | 4.3 % |
Economic value added (EVA) | -17.81 | 5.07 | 49.09 | -13.02 | -17.95 |
Solvency | |||||
Equity ratio | 23.2 % | 25.4 % | 27.3 % | 28.7 % | 29.9 % |
Gearing | 266.5 % | 234.0 % | 211.9 % | 197.6 % | 185.3 % |
Relative net indebtedness % | 239.3 % | 199.1 % | 207.6 % | 208.6 % | 204.7 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.8 | 0.6 | 0.5 | 0.6 |
Current ratio | 0.8 | 1.2 | 1.1 | 1.2 | 1.3 |
Cash and cash equivalents | 21.13 | 47.43 | 16.72 | 15.75 | 19.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 41.0 | 46.5 | 53.5 | 40.2 | 40.6 |
Net working capital % | -9.7 % | 5.4 % | 4.9 % | 6.9 % | 8.9 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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