itm8 | JDM A/S — Credit Rating and Financial Key Figures

CVR number: 28901194
Middelfartvej 218, Stegsted 5200 Odense V
tel: 63133030

Credit rating

Company information

Official name
itm8 | JDM A/S
Personnel
74 persons
Established
2005
Domicile
Stegsted
Company form
Limited company
Industry

About itm8 | JDM A/S

itm8 | JDM A/S (CVR number: 28901194) is a company from ODENSE. The company recorded a gross profit of 76.8 mDKK in 2023. The operating profit was 19.1 mDKK, while net earnings were 15.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 44.5 %, which can be considered excellent and Return on Equity (ROE) was 66.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. itm8 | JDM A/S's liquidity measured by quick ratio was 1.8 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 profit38 438.0043 704.0053 913.0065 384.0076 841.78
EBIT5 657.0010 134.0014 477.0017 463.0019 090.78
Net earnings4 286.007 823.0011 343.0013 685.0015 087.70
Shareholders equity total17 994.0020 818.0022 161.0020 846.0024 434.03
Balance sheet total (assets)34 854.0041 126.0041 017.0038 720.0048 576.92
Net debt-7 255.00-18 882.67
Profitability
EBIT-%
ROA20.2 %26.7 %35.2 %44.0 %44.5 %
ROE30.4 %40.3 %52.8 %63.6 %66.6 %
ROI25.0 %26.7 %35.2 %53.7 %75.5 %
Economic value added (EVA)5 136.479 229.8013 430.9012 580.0413 623.39
Solvency
Equity ratio100.0 %100.0 %100.0 %55.8 %51.2 %
Gearing1.9 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.8
Current ratio1.71.7
Cash and cash equivalents7 654.0019 059.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:44.5%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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