Jørgen Bachs Auto ApS — Credit Rating and Financial Key Figures

Jørgen Bachs Auto ApS (CVR number: 37937002) is a company from JAMMERBUGT. The company recorded a gross profit of 454.3 kDKK in 2023. The operating profit was 764.2 kDKK, while net earnings were 221.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. Jørgen Bachs Auto ApS's liquidity measured by quick ratio was 1.4 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.