JOLLY-TEX ApS — Credit Rating and Financial Key Figures

JOLLY-TEX ApS (CVR number: 20517190) is a company from VEJLE. The company recorded a gross profit of 90.3 kDKK in 2023. The operating profit was -34.2 kDKK, while net earnings were -53.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.2 %, 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. JOLLY-TEX ApS's liquidity measured by quick ratio was 1.9 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.