JP FORMIDLING ApS — Credit Rating and Financial Key Figures

JP FORMIDLING ApS (CVR number: 28678193) is a company from IKAST-BRANDE. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -41.4 % compared to the previous year. The operating profit percentage was at 50.6 % (EBIT: 0.2 mDKK), while net earnings were 146.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.3 %, which can be considered excellent and Return on Equity (ROE) was 30.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JP FORMIDLING ApS's liquidity measured by quick ratio was 3.3 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.