JO Smed og montage ApS — Credit Rating and Financial Key Figures

JO Smed og montage ApS (CVR number: 39191954) is a company from RANDERS. The company recorded a gross profit of 925.5 kDKK in 2023. The operating profit was 93.2 kDKK, while net earnings were 93.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.6 %, which can be considered excellent and Return on Equity (ROE) was 67 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.2 %, 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. JO Smed og montage ApS'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.