JM ENGINEERING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JM ENGINEERING A/S
JM ENGINEERING A/S (CVR number: 26027888) is a company from MIDDELFART. The company recorded a gross profit of 1350.7 kDKK in 2024. The operating profit was -580.8 kDKK, while net earnings were -248.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.4 %, which can be considered poor and Return on Equity (ROE) was -62 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.2 %, 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. JM ENGINEERING A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 4 823.53 | 4 884.56 | 3 156.71 | 2 395.30 | 1 350.68 |
| EBIT | 562.96 | 359.70 | - 716.75 | - 499.37 | - 580.85 |
| Net earnings | 373.71 | 227.35 | - 792.52 | - 606.63 | - 248.20 |
| Shareholders equity total | 446.36 | 673.71 | 881.19 | 274.56 | 526.36 |
| Balance sheet total (assets) | 3 598.19 | 3 094.07 | 2 681.46 | 2 676.60 | 2 010.51 |
| Net debt | - 150.92 | 663.47 | 522.76 | 1 073.01 | 950.49 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.9 % | 10.8 % | -24.8 % | -18.6 % | -24.4 % |
| ROE | 144.0 % | 40.6 % | -101.9 % | -105.0 % | -62.0 % |
| ROI | 29.6 % | 17.4 % | -33.0 % | -23.1 % | -29.3 % |
| Economic value added (EVA) | 354.36 | 177.36 | - 812.27 | - 614.85 | - 513.58 |
| Solvency | |||||
| Equity ratio | 13.6 % | 21.8 % | 32.9 % | 12.8 % | 26.2 % |
| Gearing | 336.1 % | 199.7 % | 160.8 % | 633.4 % | 258.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 1.0 | 1.0 | 0.8 | 0.6 |
| Current ratio | 1.1 | 1.1 | 1.3 | 1.0 | 1.2 |
| Cash and cash equivalents | 1 651.13 | 681.91 | 894.11 | 665.93 | 409.84 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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