JBM HOLDING, HORSENS A/S — Credit Rating and Financial Key Figures

CVR number: 28310110
Langballe 14, 8700 Horsens

Credit rating

Company information

Official name
JBM HOLDING, HORSENS A/S
Established
2004
Company form
Limited company
Industry

About JBM HOLDING, HORSENS A/S

JBM HOLDING, HORSENS A/S (CVR number: 28310110) is a company from HORSENS. The company recorded a gross profit of -5 kDKK in 2023. The operating profit was -5 kDKK, while net earnings were 135.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JBM HOLDING, HORSENS A/S's liquidity measured by quick ratio was 6.9 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12.02-10.50-7.08-7.00-5.00
EBIT-12.02-10.50-7.08-7.00-5.00
Net earnings403.312 299.1950.001 393.54135.59
Shareholders equity total-2 685.41- 288.71- 238.721 154.82515.41
Balance sheet total (assets)6 437.287 674.733 915.065 860.915 206.52
Net debt9 113.337 954.574 144.904 319.084 491.84
Profitability
EBIT-%
ROA14.8 %22.3 %0.3 %27.1 %4.9 %
ROE6.7 %32.6 %0.9 %55.0 %16.2 %
ROI9.8 %11.2 %0.1 %15.0 %2.8 %
Economic value added (EVA)429.89450.96358.79156.55156.07
Solvency
Equity ratio-29.4 %-3.6 %-5.7 %19.7 %9.9 %
Gearing-339.4 %-2755.2 %-1736.3 %374.0 %871.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.021.7105.93.96.9
Current ratio0.021.7105.93.96.9
Cash and cash equivalents0.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.87%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.90%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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