JMC HJØRRING A/S — Credit Rating and Financial Key Figures

JMC HJØRRING A/S (CVR number: 26193001) is a company from HJØRRING. The company recorded a gross profit of 3014.2 kDKK in 2023. The operating profit was 981.3 kDKK, while net earnings were 443.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. JMC HJØRRING A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.