JM Faaborg Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40147543
Damtoften 16, 5600 Faaborg

Credit rating

Company information

Official name
JM Faaborg Holding ApS
Established
2018
Company form
Private limited company
Industry

About JM Faaborg Holding ApS

JM Faaborg Holding ApS (CVR number: 40147543) is a company from FAABORG-MIDTFYN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -43.8 % compared to the previous year. The operating profit percentage was at 90.9 % (EBIT: 0.1 mDKK), while net earnings were 64.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JM Faaborg Holding ApS's liquidity measured by quick ratio was 201.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales142.37222.32251.78120.8367.85
Gross profit137.97217.82247.13115.7861.68
EBIT137.97217.82247.13115.7861.68
Net earnings137.26216.05243.57108.8864.76
Shareholders equity total1 221.961 382.711 569.781 621.461 627.32
Balance sheet total (assets)1 226.331 387.081 574.151 667.591 632.57
Net debt- 190.89- 279.31- 989.60-1 020.45-1 059.33
Profitability
EBIT-%96.9 %98.0 %98.2 %95.8 %90.9 %
ROA11.6 %16.7 %16.7 %7.1 %3.9 %
ROE11.6 %16.6 %16.5 %6.8 %4.0 %
ROI11.7 %16.7 %16.7 %7.2 %3.9 %
Economic value added (EVA)140.38218.04247.35116.0064.00
Solvency
Equity ratio99.6 %99.7 %99.7 %97.2 %99.7 %
Gearing2.6 %
Relative net indebtedness %-131.0 %-123.7 %-391.3 %-840.9 %-1553.5 %
Liquidity
Quick ratio43.663.8226.223.0201.8
Current ratio43.663.8226.223.0201.8
Cash and cash equivalents190.89279.31989.601 062.211 059.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %131.0 %123.7 %391.3 %840.9 %1553.5 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.92%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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